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

By: theblockbeats.news|2025/11/10 00:19:36
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.

You may also like

Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?

A programmer from a big tech company bought hard drives on Pinduoduo and, following clues, managed to accurately capture the sixfold rising stock Seagate using the "finding daily anomalies + 13F institutional verification" framework, making a wild profit of $400,000 and achieving financial freedom.

Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited

As an important milestone event in the stablecoin landscape, OUSD is likely to change the existing stablecoin landscape and significantly increase the adoption rate of stablecoins in the global financial system.

WEEX Launches Depth Chart for Spot Trading

WEEX Spot now supports Depth Chart, helping users visualize buy and sell orders, spot liquidity walls, and understand market depth more clearly before placing trades.

MiCA reshuffle begins, Binance temporarily bids farewell to the EU

What Binance leaves behind is not scattered retail investors, but a whole batch of high-value users who are forced to liquidate and have almost nowhere to go.

Raising interest rates to protect STRC and selling coins to maintain credit, this time the strategy has chosen the two most expensive paths

The rebound in BTC prices can make all problems simple.

Morning Report | Samsung announces a 265.5 trillion won investment plan, focusing on semiconductor and AI computing power data centers; Vitalik publishes an article detailing the entire technology tree behind the confusion protocol (iO) mainline

Overview of Important Market Events on June 29

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com