U.S. CFTC Commissioner: The Digital Asset Subcommittee will release regulatory standard recommendations on October 5
ChainCatcher news, according to Decenter, U.S. CFTC Commissioner Caroline Pham stated at the Korea Blockchain Week that the Digital Asset Subcommittee plans to establish regulatory standards for digital assets within the next two years and will release relevant recommendations on October 5.Pham mentioned that the goal of the subcommittee is to define digital assets, with a key focus on distinguishing whether digital assets are financial or non-financial assets. Pham pointed out the necessity of regulating DeFi, noting that for code-based DEX, regulatory issues can be discussed by focusing on algorithms.