Odaily Planet Daily News: Caroline D. Pham, Acting Chair of the U.S. Commodity Futures Trading Commission (CFTC), expressed support for the Department of Justice's announcement to end the policy of regulating the crypto asset industry through prosecution, and instructed the CFTC not to bring lawsuits for violating the registration provisions of the Commodity Exchange Act in digital asset-related cases without the defendant's subjective intent.
In addition, she has adjusted the functions of the law enforcement department to promote the rapid resolution of compliance backlogs that do not involve customer damage or market abuse.