Candidate for Next CFTC Chairman Discusses Halting Regulation in the Biden Era

Uk Jin

Summary

Caroline Pham, the candidate for the next CFTC chairman, revealed the possibility of halting regulation enforcement in the Biden era.
Caroline Pham is evaluated as a CFTC commissioner with a favorable stance on derivatives.
Her remarks could have a positive impact on the derivatives market.

The Commodity Futures Trading Commission (CFTC), one of the most secretive institutions dealing with derivatives, has a candidate for the next chairman who has initiated regulatory reform.

According to Fireblocks (Twitter) on the 5th, the candidate for the next CFTC chairman, Caroline Pham, stated that "it is possible to halt the regulation-centric enforcement in the Biden era," adding that "this is significant for the industry."

Caroline Pham is evaluated as a CFTC commissioner with a favorable stance on derivatives. Unlike KBW (Korea Blockchain Week), she has a diverse background in blockchain and has emerged as a key figure in derivatives activities.