carolinepham

📅 29 سبتمبر | واشنطن العاصمة، الولايات المتحدة الأمريكية
انتهت "حرب الأراضي" بين وكالات الولايات المتحدة. كارولين فام، الرئيسة المؤقتة للجنة تداول السلع الآجلة (CFTC)، تفاجأت بالإعلان عن أن النزاعات مع لجنة الأوراق المالية والبورصات (Sec) وغيرها من المؤسسات ستتحول الآن إلى التعاون. يمثل هذا الإعلان تحولًا تاريخيًا، بعد سنوات من الاشتباكات التي تركت صناعة التشفير عالقة في حالة من عدم اليقين والت contradictions التنظيمية.

Commodity Futures Trading Commission has again confirmed that she plans to move to the crypto firm MoonPay. This move will happen once the Senate confirms her replacement and the new chair officially takes office. The transition has been expected for some time and now appears very close.

President Donald Trump has nominated Mike Selig to lead the CFTC. According to the Senate schedule his confirmation vote was planned for Wednesday evening. Once approved and sworn in Selig will take over the agency and Pham will step aside from her current role.

Pham has already made her future plans clear. She is expected to join MoonPay in a senior leadership position. Her role will focus on legal and administrative matters. MoonPay recently secured a New York trust charter which marks an important step in its growth and compliance journey. The company has now publicly confirmed Pham decision to join them.

Pham shared her thoughts in a public statement. She said she is excited to join MoonPay at an important time for the company and the wider crypto space. She also posted online that she looks forward to a smooth transition once the new CFTC chair is sworn in. She described the future as bright and expressed confidence in the path ahead.

Before leading the CFTC Pham worked as a managing director at a major financial firm. During her time at the commission she pushed for clearer and more supportive rules for crypto markets. In recent weeks several of her initiatives have moved forward. These efforts came as the Senate process to confirm her replacement was nearing completion.

Mike Selig currently works at the US Securities and Exchange Commission. He has been involved in shaping crypto policy there. His move to the CFTC comes at a time when digital assets remain a key topic for regulators. If confirmed he will take charge as new policies and programs are already in motion.

MoonPay leadership welcomed Pham openly. The company chief executive described her as one of the most important voices in US financial regulation. He said she has helped shape the future of digital assets and called her a strong fit to guide the company through its next phase of growth and compliance.

At MoonPay Pham will oversee policy and regulatory strategy in Washington. The company works across crypto payments trading and stablecoin services. While MoonPay is not directly regulated by the CFTC it operates in a space that depends heavily on clear rules and trust. Her background is expected to help the firm work closely with policymakers and regulators.

This move reflects a broader trend of experienced public officials joining private crypto firms. For Pham it marks the next step in a career focused on financial markets and innovation. For MoonPay it adds a leader with deep knowledge of regulation and government process.

As the Senate vote approaches all eyes are on the final steps of this transition. Once Selig takes office the change will be official. Pham will then begin her new chapter at MoonPay bringing years of public service experience into the private sector of digital finance.
#CarolinePham
#MoonPay
#CryptoRegulation
#DigitalAssets

📅 December 11 | United States
At a time when crypto regulation in the United States is navigating political pressures, risk warnings, and internal power struggles, the CFTC has just made a move few expected: eliminating its 2020 guidance on “actual delivery” of digital assets. This guidance had been a cornerstone of the post-BitMEX regulatory era, used to oversee how exchanges had to demonstrate that users actually received the assets they purchased.

📖The withdrawal of the 2020 guidance marks a turning point for digital asset regulation in the United States. This guidance, created during the early attempts to define how the "actual delivery" of cryptocurrencies should function, sought to establish criteria for assessing when a user had full control over assets purchased on retail platforms.
At the time, it emerged in response to market evolution stemming from the 2018 financial crisis and congressional concerns following the passage of the Dodd-Frank Act in 2010.
However, in Caroline Pham's words, the guidance has become obsolete. The acting chair explained that its complexity and outdated nature generated more confusion than clarity, especially now that custody, exchange, and settlement models have advanced rapidly.
According to Caroline Pham, this change aligns directly with the recommendations of the President's Working Group on Digital Assets Markets, one of the most influential reports published this year regarding risks, regulatory standards, and proposed authority for federal oversight.
During the summer, the White House published an extensive report that addressed issues such as illicit finance, tax policy, and the need to give the CFTC greater authority to regulate digital assets in spot markets. Within that framework, the elimination of the 2020 guidance is interpreted as a step toward simplifying the regulatory architecture and establishing a more coherent foundation for future comprehensive oversight.
Although the agency has not yet released new guidance to replace the eliminated version, officials close to the matter have suggested that the goal is to move toward more transparent and consistent rules, especially regarding the custody, transfer, and effective control of digital assets. This decision could also pave the way for broader adjustments in how the CFTC and the SEC divide jurisdiction over tokens, stablecoins, and trading platforms.
Crypto regulation in the United States is entering a new phase, and past rules are no longer sufficient to keep pace with the current rate of innovation.

Topic Opinion:
The crypto market has changed so much since 2020 that continuing to apply outdated rules only added friction and ambiguity. I think it's healthy that the agency recognizes that regulation needs updating if it truly wants to protect users and foster efficient markets. However, I also believe that this temporary regulatory gap should be filled soon with clearer guidelines, especially considering the growth of platforms that handle complex custody.
💬 Do you think the US is truly modernizing its crypto regulations?

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#CFTC #BTC #CarolinePham #DigitalAssets #CryptoNews $BTC

في عالم العملات المشفرة، سادت Era جديدة من الاستقرار: الحرب بين الجهات التنظيمية الرئيسية في الولايات المتحدة - لجنة الأوراق المالية والبورصات (SEC) ولجنة تداول السلع الآجلة (CFTC) - من أجل الهيمنة في صناعة الكريبتو انتهت رسميًا. صرحت بذلك كارولين فام، مفوضة CFTC، في مقابلة حديثة لها مع CoinDesk في 28 سبتمبر 2025. "لقد توصلنا إلى توافق حيث تركز SEC على الأوراق المالية، وCFTC على المشتقات والسلع. هذه نهاية الفوضى"، كما ذكرت. استمر النزاع لسنوات، بدءًا من دعاوى SEC ضد Binance وCoinbase في عام 2023، حيث صنف المنظم الرموز على أنها أوراق مالية.