CFTC insists on keeping old tools in a time of chaos in cryptocurrency market
Source: CoinWorld
Time: 2025-09-13 19:46:04
The CFTC reiterates its focus on cryptocurrency regulation using existing regulatory frameworks and avoiding new legislation. Acting Chairman Caroline D. Pham stressed the need to use existing powers to deal with risks and market dynamics. Recent actions include withdrawing some guidance documents and enforcing rules of market conduct, such as fines of $200,000 for fraud. The CFTC’s priority is to improve its regulatory approach, work with the SEC, and balance innovation with market stability through its Office of Technology Innovation.