CFTC to Allow Spot Crypto Trading on Regulated Futures Exchanges

The Commodity Futures Trading Commission is set to permit spot cryptocurrency trading on exchanges it currently oversees, marking a significant expansion of federal access to digital assets. Acting Chairman Caroline Pham announced the initiative as part of the agency's 'crypto sprint' program, designed to swiftly implement recommendations from the President's Working Group on Digital Asset Markets.

'There is a clear and simple solution the CFTC can implement now,' Pham stated, referencing the Commodity Exchange Act's requirements for retail commodity trading. The move aligns with broader efforts under the TRUMP administration to integrate digital assets into federal regulatory frameworks.

The CFTC has invited industry stakeholders to collaborate on regulatory clarity for listing spot crypto contracts on designated contract markets. This development comes alongside the Securities and Exchange Commission's Project Crypto, suggesting coordinated federal action on digital asset regulation.