The Commodity Futures Trading Commission (CFTC) says it will hold a digital assets forum which will engage with some top digital asset firms. The CFTC in a release said that Ripple, Crypto.com, MoonPay, Coinbase and Circle have all committed to participate in the event. Final details and dates have not yet been revealed.
“I’m excited to announce this groundbreaking initiative for U.S. digital asset markets,” said Acting Chairman Caroline D. Pham. “The CFTC is committed to responsible innovation. I look forward to engaging with market participants to deliver on the Trump Administration’s promise of ensuring that America leads the way on economic opportunity.”
All digital asset industry participants have been pleading with policymakers for clarity in regulations. During the Biden Administration, officials took a hostile approach which involved regulation by enforcement and subversive activities designed to cut digital asset firms out of the financial system.
Today, with the Trump Administration, the US is poised to establish leadership in this aspect of Fintech. The SEC has created a Crypto Task Force and the White House has announced a group designed to pursue policies to support digital asset innnovation. Legislation is in the works in Congress and expectations are that President Trump will sign these bills into law.
Noted in the CFTC statement, Acting Chairman Pham previously proposed a CFTC pilot program as a U.S. regulatory sandbox to provide regulatory clarity for digital asset markets.