The CFTC is pushing for the introduction of cryptocurrency spot leverage trading on regulated trading platforms

By: theblockbeats.news|2025/11/10 08:15:55
0
Share
copy

BlockBeats News, November 10th, Acting Chair of the U.S. Commodity Futures Trading Commission (CFTC) Caroline Pham confirmed a previous report: the agency is in direct discussions with regulated trading platforms, planning to launch cryptocurrency spot trading, including leverage products, as early as next month.

Despite the current federal government "shutdown" due to budget issues and hindered progress on other cryptocurrency-related policies, the plan is still moving forward. Pham has held discussions with several CFTC-regulated Designated Contract Markets (DCMs). The list includes financial giants CME, Cboe Futures Exchange, ICE Futures Exchange, as well as crypto-native platforms Coinbase Derivatives and prediction markets Kalshi and Polymarket US. The discussions covered the launch of crypto spot trading products with margin, leverage, and financing features.


Pham stated in an interview, "As we continue to work with Congress to bring legislative clarity to these markets, we are also leveraging existing authorities to swiftly implement the relevant recommendations from the President's Working Group on Financial Markets report." This move marks a significant shift in U.S. regulatory agencies' approach to overseeing the crypto market.


Until Congress formally grants the CFTC explicit regulatory authority over the crypto spot market, Pham is choosing to utilize existing provisions in the Commodity Exchange Act, which require all retail commodity transactions involving leverage, margin, or financing to occur on regulated exchanges.

-- Price

--

You may also like

a16z founder: In the age of Agents, what truly matters has changed

The best programmers in the future may not need to write code, but they must have strong logical reasoning and system architecture thinking, because code will become a cheap commodity due to AI.

The President of Kyrgyzstan meets with Sun Yuchen, and TRON collaborates with Kyrgyzstan to build a new pattern of digital economy in Central Asia

This meeting focused on the global trends in digital financial transformation, the construction of regulatory frameworks for virtual assets, and the strategic layout of the TRON ecosystem in Central Asia, marking a substantial phase in the cooperation between TRON and Kyrgyzstan in the fields of blo...

46 minutes, $292 million stolen, DeFi faces development dilemma again

"Let's withdraw from DeFi first, it's too dangerous. This time the damage is much greater than Drift/Cowswap..." said well-known DeFi investor Dovey Wang.

How to Earn Free USDT in 2026: No High Volume Required (WEEX Poker Party Guide)

Is Joker Crypto legit in 2026 or just another memecoin? Can You Really Earn Passive Income with Joker Crypto in 2026? Learn how Joker staking rewards work, how to earn NFT bonuses, expected APY ranges, gas-fee rebates, and how to avoid crypto scams before joining.

How to Get Free USDT Welcome Bonus in 2026: Earn Up to 700 USDT on WEEX

Legit Free Welcome Bonus 2026: Learn how to earn up to 700 USDT on WEEX with Auto Earn Boost Fest. Increase your balance, activate Auto Earn, and qualify automatically.

AI Agent Payments Just Got Real: Utexo × x402 Brings 50ms USDT Transactions to Internet Scale

Utexo integrates USDT into the x402 protocol, enabling 50ms instant payments embedded natively in HTTP requests. Explore how this breakthrough is rewriting the rules for AI agent payments, API monetization, and the machine-to-machine economy.

Contents

Popular coins

Latest Crypto News

Read more