CFTC Chair Declares End to 'Regulation by Enforcement' in Crypto Oversight

Official announcements and press releases available on the Commodity Futures Trading Commission website indicate that the agency’s leadership, including the Chair, has emphasized a shift toward clearer rulemaking and policy guidance for cryptocurrency markets rather than relying primarily on enforcement actions. The tone of recent CFTC communications highlights an intent to foster regulatory transparency, stakeholder engagement, and alignment with other regulatory bodies, consistent with moving away from 'regulation by enforcement.' There is no direct contradiction among authoritative CFTC sources, and while no statement uses the phrase 'will no longer use regulation by enforcement' verbatim, the policy direction and associated press materials strongly support that interpretation. The overall evidence from official CFTC communications therefore makes the statement likely true, though the absence of an explicit categorical announcement warrants slightly less than full confidence.