Particle.news

Download on the App Store

CFTC Invites Public Comment to List Spot Crypto on Futures Exchanges

The agency is gathering industry input on its plan to use existing Commodity Exchange Act authority for spot crypto listings before formal rulemaking early next year.

Signage is seen outside of the US Commodity Futures Trading Commission (CFTC) in Washington, D.C., U.S., August 30, 2020. REUTERS/Andrew Kelly/File Photo
CFTC mulls allowing spot crypto trading on futures exchanges - Why?
U.s. cftc considers allowing spot crypto trading on registered futures exchanges
cftc

Overview

  • The CFTC has opened a public comment period through August 18 on its initiative to list spot crypto asset contracts on registered futures exchanges under existing Commodity Exchange Act authority.
  • Acting Chair Caroline Pham’s proposal leverages current DCM oversight of leveraged retail commodity trades to bring spot crypto under federal regulation without new legislation.
  • The plan is part of the agency’s Crypto Sprint and aligns with the SEC’s Project Crypto initiative to harmonize digital asset oversight.
  • Major designated contract markets like CME Group and ICE Futures US could list physically settled spot contracts for Bitcoin, Ethereum, XRP and Solana alongside derivatives.
  • The CFTC intends to review stakeholder feedback before publishing a formal rule proposal in early 2026 with the goal of improving market transparency and shifting trading volumes onshore.