@CarolineDPham says SEC and CFTC already have digital-asset authority

  • Caroline Pham said SEC and CFTC already possess authority to regulate digital assets.
  • Existing statutory mandates provide the legal foundation for comprehensive oversight, she said.
  • Caroline Pham said regulators should review current authorities rather than await new legislation.

Caroline Pham said the SEC and CFTC already possess the authority needed to establish clear, comprehensive rules for digital assets. Speaking at Korea Blockchain Week, she said regulators should review existing statutory mandates to identify the legal basis for oversight rather than wait for additional congressional action.

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