CFTC Considers Allowing CME Group to Host Spot Bitcoin Trading Amid Regulatory Uncertainties
Main Idea
The CFTC is proposing to allow federally regulated futures exchanges to list physically settled spot crypto contracts using existing legal authority, aiming to simplify regulation and support U.S. crypto market growth.
Key Points
1. The CFTC's plan permits Designated Contract Markets (DCMs) to offer spot crypto trading under current laws, avoiding complex new regulations.
2. The proposal leverages the CFTC's existing framework under the Commodity Exchange Act, which governs futures and options markets.
3. Experts highlight potential legal risks due to overlapping jurisdiction with the SEC, which may classify some cryptos as securities.
4. Effective coordination between the CFTC and SEC is critical for the proposal's success, but current inter-agency coordination is insufficient.
5. Stakeholders are invited to submit feedback by August 18 on the proposal, which could enhance U.S. crypto market integrity and growth.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! The CFTC is
Latest News
- Litecoin Sees Weekend Price Surge Amid Increased Activity Without Official Commentary2025-08-05 04:49:37
- Strategy May Have Doubled Bitcoin Holdings Since Trump Election Amid Pro-Crypto Policy Shifts2025-08-05 04:37:31
- SEC Interim Guidance Suggests USDC Stablecoin Could Qualify as Cash Equivalent on Corporate Balance Sheets2025-08-05 04:36:10
- Bitcoin Shows Potential for Recovery Bounce Amid Accumulation and Mixed Technical Signals2025-08-05 04:19:44
- Cardano Whales Reduce Holdings as Interest Grows in Underdog Token Remittix With Potential Upside2025-08-05 04:18:39