U.S. CFTC-Driven Spot Crypto Trading Going Live, Opening Up New (Regulated) Arena

Source: CryptoNewsNet Original Title: U.S. CFTC-Driven Spot Crypto Trading Going Live, Opening Up New (Regulated) Arena Original Link: The U.S. Commodity Futures Trading Commission is ushering in a new form of federally regulated crypto trading, having encouraged its regulated platforms to open up leveraged spot digital assets products, which is set to begin next week with a certain regulated platform.

The exchange is regulated by the U.S. derivatives watchdog as a designated contract market (DCM), meaning this new activity will be launching in a fully regulated space, following strong encouragement from the federal agency — including direct meetings with Acting Chairman Caroline Pham to help the process along when the federal government was shut down for a prolonged period.

“Recent events on offshore exchanges have shown us how essential it is for Americans to have more choice and access to safe, regulated U.S. markets,” Pham said in a statement. “Now, for the first time ever, spot crypto can trade on CFTC-registered exchanges that have been the gold standard for nearly a hundred years, with the customer protections and market integrity that Americans deserve.”

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CryptoMomvip
· 12-04 18:49
Wait, the CFTC wants to regulate the spot market this time? That's interesting.
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SerLiquidatedvip
· 12-04 18:47
Wait, the CFTC is getting into spot trading? This time it's really going to be tamed by regulations.
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Token_Sherpavip
· 12-04 18:43
finally, someone's actually building the rails instead of just talking about "decentralization" lmao. though ngl, watching trad-fi institutions stumble through spot markets feels like watching a toddler learn to walk—necessary but painful.
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GateUser-beba108dvip
· 12-04 18:36
Has the CFTC finally taken action? Now the compliance route seems to be a bit clearer, but the real drama is still yet to come.
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GhostAddressHuntervip
· 12-04 18:34
CFTC opens spot trading? Now compliant players are about to take off, and those gray areas from before are finally going to be cleaned up.
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