Harry Jung Appointed to Guide CFTC’s Crypto and Digital Asset Strategy

In a significant leadership change at the Commodity Futures Trading Commission (CFTC), Acting Chair Caroline Pham has appointed Harry Jung as the Acting Chief of Staff. Jung, who previously served as Pham’s Counselor and Senior Policy Advisor, will now lead the agency’s engagement with crypto and digital assets. This move builds on his extensive experience at Citigroup and prior regulatory roles. The appointment is part of broader leadership changes following Pham’s interim appointment by President Donald Trump. Pham has been actively involved in several digital asset initiatives at the CFTC, including the creation of a Digital Asset Markets subcommittee. In 2023, she proposed the establishment of a regulatory sandbox to develop a framework for emerging technologies and outlined plans for a digital asset pilot program.