CFTC Pushes for Crypto Spot Trading on US Exchanges, Signaling Regulatory Shift

The CFTC's acting chair, Caroline Pham, has confirmed the agency's aggressive push to bring spot crypto trading to regulated U.S. exchanges. This aligns with the Trump administration's 18-point crypto policy roadmap, which aims to integrate digital assets into the financial system without hindering innovation.

The move could fundamentally reshape crypto market structure, shifting price discovery from offshore platforms to domestic, regulated venues. For altcoins, this represents a watershed moment—clear rules and easier access to U.S. markets may trigger a significant revaluation of compliance-friendly projects.

Spot crypto contracts differ sharply from derivatives, enabling direct token ownership rather than speculative bets on price movements. By bringing this market under a commodities-like framework, the CFTC is laying groundwork for institutional participation at scale.