Caroline Pham, Acting Chair of the Commodity Futures Trading Commission (CFTC), praised the recent announcement by the Department of Justice to terminate its policy of regulating the digital asset industry through prosecution, and instructed CFTC staff to follow the President's executive order and the Department of Justice's new guidelines on digital asset enforcement. Pham stated that this move will end years of "legal battles" against innovators, focus resources on combating fraud and market manipulation, and enhance regulatory clarity and industry trust.