Acting Chairman of the U.S. Commodity Futures Trading Commission (CFTC), Caroline Pham, stated that the agency will revoke the outdated guidance issued in 2020 related to the "actual delivery" of digital assets under the Dodd-Frank Act, citing that the rule is outdated and structurally complex. This revocation is in line with the regulatory recommendations of the President's Digital Asset Market Working Group, which advocates reevaluating delivery standards and strengthening the CFTC's authority over digital assets. (The Block)
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Acting Chairman of the U.S. Commodity Futures Trading Commission (CFTC), Caroline Pham, stated that the agency will revoke the outdated guidance issued in 2020 related to the "actual delivery" of digital assets under the Dodd-Frank Act, citing that the rule is outdated and structurally complex. This revocation is in line with the regulatory recommendations of the President's Digital Asset Market Working Group, which advocates reevaluating delivery standards and strengthening the CFTC's authority over digital assets. (The Block)