Thursday, 18/12/2025 | 19:01 GMT by
Jared Kirui
- Michael Selig, who has extensive experience in crypto policy, was nominated by Trump as the permanent CFTC chairman.
- Pham faced controversy over My Forex Funds case, where she criticized alleged misconduct by CFTC staff; the case was later dismissed.

Crypto payments firm MoonPay confirmed that Caroline
D. Pham, the acting Chair of the US Commodity Futures Trading Commission
(CFTC), will join the firm as Chief Legal Officer after she finishes her
term at the derivatives regulator.
Her move comes as the CFTC faces a leadership
transition and grapples with how far and how fast to stretch its reach over
crypto markets.
— MoonPay 🟣 (@moonpay) December 17, 2025
Pham’s Next Role at MoonPay
MoonPay said Pham will step in as chief legal officer,
with the company also describing her remit as including chief administrative
responsibilities and oversight of global legal and administrative functions.
She will lead MoonPay’s policy and regulatory strategy
from Washington, underscoring the firm’s push to shape US rules governing
crypto payments and on‑ramps that convert fiat currencies into digital assets.
In a recent social media post, Pham commented about the leadership changes at the agency, saying:
“I’m looking forward to a successful confirmation of Mike Selig as the CFTC’s
next chairman and a smooth transition once he is sworn in. The future is
bright. Onward and upward.”
I’m looking forward to a successful confirmation of Mike Selig as the @CFTC’s next chairman and a smooth transition once he is sworn in. The future is bright. Onward and upward 🚀
— Caroline D. Pham (@CarolineDPham) December 17, 2025
From CFTC Acting Chair to Private Sector
Pham took over as acting chairman of the CFTC in
January after President Donald Trump appointed her to lead the agency on an
interim basis.
During her tenure, the derivatives watchdog oversaw a
pick‑up in activity around prediction markets, explored pathways for offshore
crypto firms to return to the US, and signaled a more assertive enforcement
push through what staff described as an “enforcement sprint” targeting firms in
its sights.
The Handling of My Forex Funds Case
However, her leadership was not without controversy. Last
year, Pham issued a statement urging swift action over alleged misconduct by CFTC staff in an enforcement case that involved Traders Global Group Inc., the
operator of prop trading firm My Forex Funds.
A judge later threw out the commission’s complaint
with
prejudice against My Forex Funds operator. The court also granted a motion imposing sanctions on the regulator.
Trump has nominated Michael Selig, a lawyer with deep
crypto policy experience, to serve as permanent CFTC chairman, but his
appointment still awaits a full Senate vote.
Crypto payments firm MoonPay confirmed that Caroline
D. Pham, the acting Chair of the US Commodity Futures Trading Commission
(CFTC), will join the firm as Chief Legal Officer after she finishes her
term at the derivatives regulator.
Her move comes as the CFTC faces a leadership
transition and grapples with how far and how fast to stretch its reach over
crypto markets.
— MoonPay 🟣 (@moonpay) December 17, 2025
Pham’s Next Role at MoonPay
MoonPay said Pham will step in as chief legal officer,
with the company also describing her remit as including chief administrative
responsibilities and oversight of global legal and administrative functions.
She will lead MoonPay’s policy and regulatory strategy
from Washington, underscoring the firm’s push to shape US rules governing
crypto payments and on‑ramps that convert fiat currencies into digital assets.
In a recent social media post, Pham commented about the leadership changes at the agency, saying:
“I’m looking forward to a successful confirmation of Mike Selig as the CFTC’s
next chairman and a smooth transition once he is sworn in. The future is
bright. Onward and upward.”
I’m looking forward to a successful confirmation of Mike Selig as the @CFTC’s next chairman and a smooth transition once he is sworn in. The future is bright. Onward and upward 🚀
— Caroline D. Pham (@CarolineDPham) December 17, 2025
From CFTC Acting Chair to Private Sector
Pham took over as acting chairman of the CFTC in
January after President Donald Trump appointed her to lead the agency on an
interim basis.
During her tenure, the derivatives watchdog oversaw a
pick‑up in activity around prediction markets, explored pathways for offshore
crypto firms to return to the US, and signaled a more assertive enforcement
push through what staff described as an “enforcement sprint” targeting firms in
its sights.
The Handling of My Forex Funds Case
However, her leadership was not without controversy. Last
year, Pham issued a statement urging swift action over alleged misconduct by CFTC staff in an enforcement case that involved Traders Global Group Inc., the
operator of prop trading firm My Forex Funds.
A judge later threw out the commission’s complaint
with
prejudice against My Forex Funds operator. The court also granted a motion imposing sanctions on the regulator.
Trump has nominated Michael Selig, a lawyer with deep
crypto policy experience, to serve as permanent CFTC chairman, but his
appointment still awaits a full Senate vote.
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Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
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Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
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Executive Interview | Aydin Bonabi | Founder, Surveill | FMLS:25
Executive Interview | Aydin Bonabi | Founder, Surveill | FMLS:25
Executive Interview | Aydin Bonabi | Founder, Surveill | FMLS:25
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We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
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We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
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Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @ExnessRead the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @ExnessRead the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @ExnessRead the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
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Jared Kirui
