CFTC mulls allowing spot crypto trading on futures exchanges – Why?
Main Idea
The CFTC is considering allowing spot crypto trading on futures exchanges to create a unified regulatory framework, aiming to streamline crypto regulations and align with the dual-regulatory approach of the CLARITY Act.
Key Points
1. CFTC Acting Chairman Caroline Pham introduced 'Crypto Sprint,' a program to unify spot and futures crypto trading under a single regulatory framework.
2. The initiative seeks to simplify the regulatory landscape, allowing seamless trading between spot and futures markets, similar to platforms like Coinbase and CME.
3. Stakeholder comments on the proposal are expected by 18 August.
4. The move aligns with the dual-regulatory approach of the CLARITY Act, which aims to clarify crypto regulations.
5. The SEC recently issued guidelines for new crypto ETFs, indicating broader regulatory adjustments in the crypto sector.
Description
CFTC seeks to offer a unified regulatory framework for both spot and futures trading.
Latest News
- Ethereum’s $10B OI wipeout and ETF exodus: What happens to ETH?2025-08-07 02:11:26
- TOWNS crypto: $0.08 to $0.035 in 48 hours – What’s behind this 50% drop?2025-08-07 00:22:45
- Brazil’s $17B Bitcoin Reserve plans: ‘Historic’ or ‘inappropriate?’2025-08-06 22:07:32
- Bitcoin: As 2 major groups return, is BTC ready for a strong rebound?2025-08-06 19:59:33
- China labels Worldcoin-style biometric crypto projects as ‘security threats’2025-08-06 18:18:13