U.S. CFTC Seeks Input on Spot Crypto Trading Initiative for Registered Exchanges

1 min

The U.S. Commodity Futures Trading Commission (CFTC) plans to allow trading of spot crypto contracts on registered exchanges and seeks stakeholder input for regulatory clarity.

  • The initiative aims to facilitate listing spot crypto asset contracts on designated contract markets (DCM).
  • Acting Chairman Caroline Pham announced a call for collaboration with stakeholders to establish guidelines using existing CFTC authority.
  • This effort aligns with President Trump's digital asset market report, which emphasizes regulatory clarity for registration and custody.
  • The initiative is part of the SEC's "Project Crypto" to modernize securities rules for blockchain integration.
  • Stakeholders can submit suggestions by August 18.
  • Congress is working on defining the roles of the CFTC and SEC in crypto oversight, including the House's Clarity Act proposal.