The Acting Chairman of the U.S. CFTC confirms that it is promoting regulated trading platforms to launch crypto spot leverage trading

According to Foresight News, according to The Block, Caroline Pham, acting chairman of the U.S. Commodity Futures Trading Commission (CFTC), confirmed that the agency is in direct consultation with regulated trading platforms and plans to launch crypto spot trading, including leveraged products, as early as next month. It is currently in talks with a number of designated contract markets (DCMs) regulated by the CFTC. The list includes CME, Cboe Futures Exchange, ICE Futures Exchange, crypto-native platform Coinbase Derivatives, prediction market Kalshi and Polymarket US. Discussions involved the launch of a crypto spot trading product with margin, leverage and financing features.


Caroline Pham said in an interview, “While we continue to work with Congress to bring legislative clarity to these markets, we are also using our existing authorities to quickly implement relevant recommendations in the Report of the President’s Working Group on Digital Asset Markets.”

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