CFTC Seeks Input On How To Regulate Spot Crypto Contracts
The US Commodity Futures Trading Commission has launched an initiative to enable the trading of “spot crypto asset contracts” on CFTC-registered futures exchanges.
The invitation is part of the CFTC’s “crypto sprint” initiative to implement recommendations from President Donald Trump’s Working Group on Digital Asset Markets, which included 18 recommendations.
“The CFTC is full speed ahead on enabling immediate trading of digital assets at the Federal level in coordination with the SEC’s Project Crypto,” wrote the CFTC’s Acting Chair Caroline Pham in a statement on Monday.
“There is a clear and simple solution the CFTC can implement now.”
A spot crypto asset contract would resemble a…
