Caroline Pham Says CFTC Can Regulate Almost Everything Except ‘Onions and Box Office Receipts’

According to The Block, former Acting Chair Caroline Pham stated that the U.S. Commodity Futures Trading Commission can regulate almost everything in the cryptocurrency space except items such as onions and box office receipts.

Pham made this comment while discussing recent CFTC proposals. She described the proposals as “absolutely the kind of protection” needed for crypto retail traders in the United States.