CFTC Acting Chair Pham to join MoonPay as chief legal and administrative officer
Summary
Commodity Futures Trading Commission (CFTC) Acting Chair Caroline Pham is set to transition to a new role at crypto finance company MoonPay once her time at the CFTC concludes, which is contingent on the confirmation of a new CFTC chair. MoonPay CEO Ivan Soto-Wright praised Pham's leadership in shaping policies that promote financial freedom and crypto innovation. Pham will serve as Chief Legal Officer and Chief Administrative Officer at MoonPay. During her tenure at the CFTC, Pham spearheaded several crypto initiatives under the "Crypto Sprint," including withdrawing outdated guidance on the "actual delivery" of digital assets and welcoming the first regulator-approved spot crypto exchange, Bitnomial. She also established a CEO Innovation Council to bolster the agency's crypto oversight.
(Source:The Block)