CFTC Scraps Crypto Delivery Rules, Granting Exchanges More Flexibility
The U.S. Commodity Futures Trading Commission has withdrawn its 2020 guidance on 'actual delivery' in cryptocurrency transactions, a move that liberates exchanges from restrictive margin trading constraints. Acting Chairman Caroline Pham cited evolving market conditions and alignment with the Trump administration's crypto policy objectives as key drivers for the decision.
The repealed rules previously mandated physical delivery within 28 days for margin trades, creating operational hurdles for platforms. Market participants welcome the regulatory clarity but caution that future leadership could revisit the stance. The development follows recommendations from the presidential working group on digital assets, signaling growing institutional recognition of crypto market maturity.
