The United States is moving to cement its leadership in digital assets, with Acting Commodities Futures Trading Commision (CFTC) Chairman Caroline D. Pham telling UK lawmakers that the country is entering a “Golden Age of Crypto,” backed by a new regulatory roadmap.
The roadmap, Strengthening American Leadership in Digital Financial Technology, aims to integrate digital assets into existing financial regulations while promoting innovation, according to Pham.
Under the “Golden Age of Market Innovation,” the SEC and CFTC are launching a new era of coordination to strengthen US markets by harmonising rules, streamlining reporting, aligning capital requirements, and creating innovation exemptions.
“To the extent possible and appropriate in the public interest under existing statutes, our agencies will consider harmonising product and venue definitions, streamlining reporting and data standards, aligning capital and margin frameworks, and establishing coordinated innovation exemptions using existing authority,” said Pham.
These actions aim to integrate crypto into existing securities and futures markets, enabling traditional institutions to participate safely while allowing DeFi platforms to innovate under clear regulations.
“I have long advocated that simplicity is the solution, and that the US must have a durable and flexible approach to regulation that will keep up with continuing innovation and stand the test of time,” added Pham.
Pham concluded by stressing that strong US leadership, global cooperation, and the historic US-UK financial partnership are key to creating a level playing field and shared prosperity in digital asset markets, emphasising that the time to act is now.
