U.S. Regulators End Turf War: New Crypto Rules Framework Revealed
The CFTC and SEC have launched a joint initiative to establish clear regulatory guidelines for cryptocurrencies, marking a shift from years of enforcement-driven oversight. Acting CFTC Chair Caroline Pham emphasized harmonization over competition, signaling a collaborative approach to digital asset regulation.
The CFTC plans to introduce listed spot crypto trading on its futures exchanges by the end of 2025, a move that could significantly reshape market dynamics. The agency's Crypto Sprint initiative, now halfway through its 12-month timeline, aims to implement recommendations from the President's Working Group on digital assets.
Regulators will issue guidance on tokenized collateral and stablecoins before December 2025. This framework positions the U.S. as a potential global hub for crypto innovation, addressing long-standing industry calls for regulatory clarity.