Pham Joins MoonPay, Selig Set to Replace Her at CFTC

Caroline Pham, interim head of the U.S. Commodity Futures Trading Commission, is leaving to join crypto company MoonPay as chief legal and administrative officer. MoonPay recently secured a New York trust charter, enabling it to operate as a regulated financial institution. Phams move is notable, as its rare for a high-ranking regulator to announce a significant private sector role before departure. She is praised for her influence in shaping digital assets future and advocating for crypto-friendly policies. Mike Selig, her successor, currently works at the U.S. Securities and Exchange Commission and is expected to be confirmed soon.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.