ChainCatcher news, sources say that U.S. President-elect Trump has chosen Commodity Futures Trading Commission (CFTC) Commissioner Caroline Pham to serve as the agency's acting chair.Sources say that the five commissioners of the CFTC voted on Monday to confirm Pham as acting chair. The commission typically approves the acting chair nominee selected by the incoming administration. Pham and a spokesperson for the CFTC declined to comment.

ChainCatcher news, Fox Business reports that Trump's transition team is considering appointing Perianne Boring and Caroline Pham to lead the Commodity Futures Trading Commission (CFTC). Another CFTC commissioner, Summer Mersinger, is also under consideration.In 2023, Pham proposed a "time-limited" pilot program to regulate the digital asset market and tokenization, aiming to establish a principles-based framework to address innovation and risk management issues. Boring has been a staunch advocate for the Bitcoin mining industry.