Key Takeaways
- CFTC Acting Chair Caroline Pham is joining MoonPay as Chief Legal and Administrative Officer after nearly four years as commissioner.
- Pham will lead MoonPay’s global legal operations and regulatory strategy, bringing experience from major CFTC crypto modernization efforts.
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Acting CFTC Chair Caroline Pham is joining crypto payments firm MoonPay as Chief Legal and Administrative Officer, according to a report from Crypto in America.
Her exit comes as Mike Selig prepares for Senate confirmation to succeed her, ending a nearly four-year tenure that included a final year as acting chair. At MoonPay, Pham will oversee global legal and administrative operations and lead the company’s policy and regulatory strategy in Washington.
She joins after a year of major crypto-focused reforms at the CFTC, where she pushed initiatives to bring listed spot crypto products into federally regulated markets and launched a pilot program allowing BTC, ETH, and USDC to be used as collateral in derivatives trading.
Pham also proposed rescinding outdated guidance on digital asset delivery, established the CFTC CEO Innovation Council, and launched a regulatory sandbox for tokenized Treasuries and money market funds. Her collaboration with SEC Chair Paul Atkins marked a shift toward closer coordination between the agencies on crypto, DeFi, and derivatives.
MoonPay CEO Ivan Soto-Wright called her “one of the most influential leaders in U.S. financial regulation” and the ideal choice to lead the firm’s next chapter. Prior to the CFTC, Pham spent seven years at Citigroup.
