Odaily Planet Daily News Caroline Pham, Acting Chair of the U.S. Commodity Futures Trading Commission (CFTC), said at the Coinbase Annual Summit that despite the Trump administration's open attitude toward cryptocurrencies, regulators will not relax compliance requirements for the industry. She emphasized that "supporting innovation does not mean condoning illegal behavior," and the CFTC will focus on combating market fraud rather than convicting specific asset classes or technologies themselves. (Cointelegraph)
Previous news, Trump's latest speech said that creating a strategic reserve of Bitcoin is not enough, and vowed to establish a "clear and simple market framework" to ensure the United States' dominance in Bitcoin and cryptocurrency.