Odaily Planet Daily News: Caroline Pham, Commissioner of the U.S. CFTC, stated at the Korea Blockchain Week that the Digital Assets Subcommittee plans to develop regulatory standards for virtual assets (digital assets) within the next two years and will issue relevant recommendations on the 5th of next month. Pham said that the goal of the subcommittee is to define digital assets. He emphasized that the key is to distinguish whether digital assets are financial assets or non-financial assets, because digital assets can be non-financial assets, so the same regulation as financial assets is not a panacea. Pham also pointed out that it is necessary to regulate DeFi, and as far as code-based DEX is concerned, regulatory issues can be discussed by focusing on algorithms. It is reported that the Digital Assets Subcommittee was established in February this year, chaired by Palm, responsible for formulating regulatory recommendations for digital assets. (Decenter)