“Fox Business says the CEO of the Digital Chamber and CFTC Republican commissioner Caroline Pham are two names being floated to lead the commodities regulator.”, — write: www.coindesk.com
President-elect Donald Trump, according to Fox, is considering appointing either Perianne Boring or Caroline Pham – who both have pro-crypto credentials – to lead the Commodity Futures Trading Commission (CFTC), which under a Trump administration, could be the go-to digital assets regulator.
Recently, Boring has been a staunch defender of the bitcoin mining industry against what she calls “regulatory overreach.” In a recent CoinDesk op-ed she took aim at the Department of Energy’s data collection process, which she accuses of singling out bitcoin miners under the guise of “emergency” measures. She has also accused the Securities and Exchange Commission of “backdoor rulemaking” by trying to get a number of cryptocurrencies defined as securities.
Boring did not respond to a request for comment by CoinDesk sent by SMS.
Pham, one of Trump’s other possible contenders for the position, is already in the CFTC as a Republican-appointed commissioner and leader of the Commission’s Global Markets Advisory Committee.
In 2023, Pham proposed a “time-limited” pilot program to regulate digital asset markets and tokenization, aimed at establishing a principles-based framework to address innovation and risk management.
She has called for more international regulatory cooperation and has suggested the SEC and CFTC engage in roundtables to enhance regulatory clarity.
Another name being floated around to lead the CFTC is Summer Mersinger, which Reuters reported in mid-November.
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