Caroline Pham：SEC and CFTC already has the authority required to establish clear rules for digital assets
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AT A GLANCE
Caroline Pham said that SEC and CFTC already have the authority required to establish clear regulatory rules for digital assets.
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Caroline Pham：SEC and CFTC already has the authority required to establish clear rules for digital assets
PANews September 30 reported, citing CoinDesk, that Caroline Pham stated at Korea Blockchain Week (KBW) that the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) already have the authority required to establish clear regulatory rules for digital assets. She believes that the relevant regulatory basis can be found by taking the time to review existing authorities.
Caroline Pham made the statement at Korea Blockchain Week (KBW).
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She stated that the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) already have the authority required to establish clear regulatory rules for digital assets.
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She believes that the relevant regulatory basis can be found by reviewing existing authorities.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a personal assessment regarding regulatory authority: Caroline Pham believes that SEC and CFTC do not need to wait for new authority and can find a basis for establishing digital asset regulatory rules within their existing authorities. The original text does not indicate that either institution has issued the relevant rules.
Why it matters to readers
The statement concerns whether U.S. digital asset rules can proceed on the basis of existing authorities. Whether it will result in actual regulatory changes will still depend on whether SEC or CFTC takes formal action.
Beginners should understand this as a regulatory view relayed by the media, rather than as new rules that have already taken effect; before formal rules emerge, it should not be taken as evidence that the regulatory environment has changed.
Risks and unknowns
The original text is PANews' relay of a CoinDesk report and does not provide the full text of Caroline Pham's remarks.
The original text does not state Caroline Pham's current position or whether she was speaking on behalf of SEC、CFTC.
The original text does not provide information that SEC or CFTC has issued specific rules, formal documents, or information on the basis of its authority.
The news item only says “September 30” and does not specify a year in the evidentiary text.
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Digital Assets
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