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Acting CFTC Chair Confirms Push for Leveraged Spot Crypto

Crypto News

TLDR

  • CFTC working with CME, Coinbase Derivatives to launch leveraged crypto products.
  • Leveraged crypto trading on U.S. exchanges brings institutional oversight.
  • Pham uses existing CFTC authority to regulate leveraged crypto trading.
  • Products could be available next month with institutional protections.

Acting Chair of the Commodity Futures Trading Commission (CFTC), Caroline Pham, has confirmed that the agency is in talks with major regulated exchanges, including CME and Coinbase Derivatives, to launch leveraged spot crypto trading as early as next month. This effort seeks to bring leveraged crypto products to U.S. markets under existing CFTC authority, providing institutional-grade oversight and investor protections.

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