CFTC COMMISSIONER PITCHES PILOT PROGRAM FOR U.S. CRYPTO REGULATION

Summary from the TLDR Crypto newsletter

Caroline Pham, a member of the CFTC, has recommended a pilot program for regulation in the cryptocurrency markets. With input from industry experts and other members, Pham is suggesting a limited-time program that includes registration, risk management, and product terms. However, as the CFTC is led by Chairman Rostin Benham, a critic of the crypto industry, there may be delays in Pham's proposed measures.