Commodity Futures Trading Commission Acting Chairman Caroline D. Pham issued a statement welcoming the House of Representatives’ action on digital asset legislation, highlighting passage of the GENIUS Act and further advancement of the CLARITY Act as a proposed regulatory framework for digital asset markets. Pham said the GENIUS Act is headed to the President’s desk and described House action on the CLARITY Act as an important step toward establishing long-awaited market regulation. She added that the CFTC is prepared to carry out its mission in overseeing its markets, and she congratulated relevant congressional committee leaders and other lawmakers involved.
Commodity Futures Trading Commission 2025-07-18
Commodity Futures Trading Commission praises House passage of the GENIUS Act and progress on the CLARITY Act for digital asset markets
CFTC Acting Chairman Caroline D. Pham welcomed the House's progress on digital asset legislation, including the GENIUS Act's passage and the CLARITY Act's advancement. Pham noted the GENIUS Act is now with the President and emphasized the CLARITY Act's importance in market regulation. She affirmed the CFTC's readiness to oversee its markets and acknowledged congressional leaders' efforts.