CFTC strengthens crypto focus with Harry Jung’s digital asset appointment
The US Commodity Futures Trading Commission (CFTC) appointed Harry Jung to lead its initiatives in crypto, DeFi, and digital assets, also serving as Acting Chief of Staff under Acting Chair Caroline Pham. Jung previously worked as the Designated Federal Officer for the CFTC’s Global Markets Advisory Committee and has experience at Citigroup, Morgan Stanley, and FINRA. This appointment is part of broader leadership changes at the CFTC, with Meghan Tente becoming Acting General Counsel and Taylor Foy as Acting Director of Public Affairs. The CFTC is responding to the evolving digital asset landscape, with a new crypto task force announced by Acting Chairman Mark Uyeda aimed at establishing a regulatory framework. Commissioner Hester Peirce will lead the SEC’s task force, supported by Senior Advisors Richard Gabbert and Taylor Asher. These developments are expected to enhance market confidence and facilitate greater adoption of blockchain technology and cryptocurrencies.
