Former Acting Chair Caroline Pham says CFTC can regulate almost everything except ‘onions and box office receipts’

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Former Acting CFTC Chair Caroline Pham declares the agency can regulate virtually all crypto activities except whimsical items like “onions and box office receipts,” emphasizing that recent CFTC proposals deliver the “absolutely the kind of protection” retail traders need; her remarks signal tighter oversight, likely boosting compliance costs while reassuring investors that broader market integrity will improve.