Chair of the US’s Critical Agency CFTC Spoke About the Regulation of the Cryptocurrency Market

The Chairman of the CFTC, known for its conflict with the SEC regarding its authority to regulate cryptocurrencies, made important statements. A new era has entered in the long-standing debate over jurisdiction over cryptocurrency markets in the United States. Caroline Pham, Interim Chair of the Commodity Futures Trading Commission (CFTC), stated that the inter-institutional tensions with the Securities and Exchange Commission (SEC) have ended, saying, “A new day has begun and the turf war is over.”