Commodity Futures Trading Commission Acting Chair Caroline Pham is moving on to a new role at crypto finance company MoonPay once her stint at the CFTC comes to an end, the firm said on Wednesday. Pham has previously said she plans to leave once a new CFTC chair is confirmed.
“Her leadership at @cftc has shaped policies that expand financial freedom and crypto innovation,” said MoonPay CEO Ivan Soto-Wright in a post on X. “Now we’ll turn that progress into real outcomes for users and partners globally.”
Pham will join MoonPay as chief legal officer and chief administrative officer after leaving her role as acting chair of the CFTC, MoonPay said in a post. She first said she would be joining MoonPay in August, according to multiple news reports.
President Donald Trump’s latest pick to run the agency, Mike Selig, is slated to have a confirmation hearing this week. An exact start date for Pham isn’t yet confirmed since Selig hasn’t been confirmed as CFTC chair, a MoonPay spokesperson said in an email.
Over the past year, Pham has led the CFTC in launching several crypto initiatives as part of its “Crypto Sprint” to focus on clarifying rules for the industry. Last week, Pham said the agency would be withdrawing guidance focused on the “actual delivery” of digital assets, calling it “outdated and overly complex.” And earlier this month, Pham announced that Bitnomial had become the first exchange to list regulator-approved spot crypto products.
Pham also recently stood up a CEO Innovation Council to strengthen the agency’s crypto efforts. Polymarket CEO Shayne Coplan, Nasdaq CEO Adena Friedman, and Gemini CEO Tyler Winklevoss were named in the first round of participants in that council.
© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Trade Crypto On Coinhub Exchange
Trade Crypto On Coinhub Exchange
Stay ahead of the market by turning news insights into trading opportunities. With Coinhub Exchange, you can seamlessly buy, sell, and manage your digital assets, all in one secure platform. Take advantage of real-time market insights, deep liquidity, and fast execution for your favorite cryptocurrencies. Don’t just read about it — trade crypto now!
Disclaimer
The content of this article shown by Coinhub News, powered by The Block, is for informational purposes only and should not be construed as financial, legal, tax, or investment advice. Coinhub News and its affiliates are not a licensed financial advisor, legal advisor, broker, or tax advisor, and ... should not be considered as professional advice or a recommendation to engage in any specific investment, legal decision, or financial transaction. Cryptocurrency markets are highly speculative and volatile. Readers should perform their own independent research and consult with a qualified professional before making any financial or legal decisions. The opinions expressed in this article are those of the author and do not necessarily represent the views or opinions of the Company of its affiliates. Additionally, the Company does not make any representations or warranties regarding the accuracy, timeliness, reliability, or completeness of any information in this article. By accessing this content, you acknowledge that any reliance on the information contained in this article is solely at your own risk. The Company is not responsible for any financial losses, legal disputes, or other damages that may arise from reliance on this content or from any investment or legal decisions based on the information provided. Investing in cryptocurrencies involves substantial risks, including the risk of losing your entire investment, and you should carefully consider whether it is appropriate for your circumstances.
Read more
