Breaking: CFTC Greenlights Spot Crypto Trading on Regulated Exchanges—Bull Market Fuel Incoming?

The crypto Wild West just got a sheriff—or at least a grudging regulator. The CFTC’s bombshell move to allow spot crypto trading on licensed exchanges could finally bridge the gap between Wall Street’s polished floors and crypto’s chaotic trenches.

No more OTC limbo or offshore gambles—mainstream adoption just got a turbocharge. But let’s see how long it takes TradFi dinosaurs to ‘discover’ the 24/7 markets they’ve been ignoring (between golf sessions, naturally).

One catch? The fine print always bites harder than a Bitcoin correction. Stay tuned.

CFTC Seeks Public Feedback on Spot Crypto Plan

The public comment period is open until August 18, with feedback requested on the proposal’s interaction with SEC rules and CFTC regulations under Part 40.

Founded in 1974, the CFTC is the U.S. federal agency that regulates derivatives markets, including futures and options, and works to protect market participants from fraud and manipulation. It currently operates with only two commissioners, while Trump’s nominee Brian Quintenz awaits Senate confirmation.

Public comments can be submitted via the official CFTC website until August 18.

Also Read: CFTC Launches Crypto Sprint for Fast-Track Regulation