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Donald Trump appoints Caroline Pham as acting CFTC chair

Donald Trump appointed Caroline Pham as the acting chair of the Commodity Futures Trading Commission (CFTC) shortly after his inauguration. Pham fills the role temporarily following the resignation of Rostin Behnam, until a permanent chair is confirmed by the Senate.

Caroline Pham has previously advocated for regulations targeting digital assets aimed at protecting investors. Her appointment could indicate a shift in the regulatory landscape for cryptocurrencies under Trump’s administration, especially regarding the roles of the CFTC and SEC.

Looking ahead, Trump plans to nominate Paul Atkins, former SEC chair, which may further redefine financial oversight. As developments unfold, the impact on cryptocurrency regulations will be closely monitored by market participants.

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