CFTC approves first US spot crypto trading in historic regime change – DL News
- The CFTC approved spot crypto trading on regulated futures exchanges for the first time.
- The agency is gaining momentum over the SEC in crypto.
US regulators are slipstreaming behind the $3.2 trillion cryptocurrency industry.
After a decade of industry lobbying, the Commodity Futures Trading Commission has formally authorised the trading of spot crypto products on federally regulated exchanges, acting chair Caroline Pham announced on Thursday.
“For the first time ever, spot crypto can trade on CFTC-registered exchanges that have been the gold standard for nearly a hundred years,” Pham said.
“Recent events on offshore exchanges have shown us how essential it is for Americans to have more choice and access to safe, regulated US…
