The CFTC reiterated that its focus is on regulating Crypto Assets using the existing regulatory framework, avoiding the creation of new legislation. Acting Chair Caroline D. Pham emphasized the need to utilize existing powers to address risks and market dynamics. Recent actions include withdrawing some guidance documents and enforcing market conduct rules, such as imposing fines of $200,000 for fraudulent activities. The CFTC's priorities are to improve its regulatory approach, collaborate with the SEC, and balance innovation with market stability through its Office of Technology Innovation.

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