The U.S. Commodity Futures Trading Commission is launching a new program to ultimately enable the trading of spot crypto asset contracts on registered futures exchanges, also known as designated contract markets (DCM).
This development comes amid the cooperative efforts between the CFTC and SEC to bring much-needed clarity to the U.S. digital asset market, especially concerning the classification of cryptocurrencies as either securities or commodities.
“Starting today, we invite all stakeholders to work with us on providing regulatory clarity on how to list spot crypto asset contracts on a DCM using our existing authority,” said CFTC Acting Chairman Caroline Pham in a Monday statement.
CFTC is asking for feedback or suggestions on this topic from stakeholders and the general public. The deadline to submit comments is Aug. 18.
Last week, the commodities regulator launched “Crypto Sprint,” which is an initiative dedicated to implement recommendations from the recent White House digital asset report. Pham said the spot crypto trading program is the first step in the Crypto Sprint initiative.
The report from President Trump’s digital asset working group recommended giving CFTC the authority over spot markets for crypto assets that are classified as commodities, and collaborating with the Securities and Exchange Commission to bring clarity for digital asset users and businesses in trading or registration processes.
In the Monday statement, Pham said CFTC is “full speed ahead” on enabling immediate trading of crypto at the federal level, in coordination with the SEC’s Project Crypto.
Project Crypto, which also builds off of the White House report, is an initiative to modernize securities rules and regulations to facilitate the financial system’s move onchain. More specifically, SEC Chair Paul Atkins said the agency will work on drafting rules around crypto distributions, custody and trading.
© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Trade Crypto On Coinhub Exchange
Trade Crypto On Coinhub Exchange
Stay ahead of the market by turning news insights into trading opportunities. With Coinhub Exchange, you can seamlessly buy, sell, and manage your digital assets, all in one secure platform. Take advantage of real-time market insights, deep liquidity, and fast execution for your favorite cryptocurrencies. Don’t just read about it — trade crypto now!
Disclaimer
The content of this article shown by Coinhub News, powered by The Block, is for informational purposes only and should not be construed as financial, legal, tax, or investment advice. Coinhub News and its affiliates are not a licensed financial advisor, legal advisor, broker, or tax advisor, and ... should not be considered as professional advice or a recommendation to engage in any specific investment, legal decision, or financial transaction. Cryptocurrency markets are highly speculative and volatile. Readers should perform their own independent research and consult with a qualified professional before making any financial or legal decisions. The opinions expressed in this article are those of the author and do not necessarily represent the views or opinions of the Company of its affiliates. Additionally, the Company does not make any representations or warranties regarding the accuracy, timeliness, reliability, or completeness of any information in this article. By accessing this content, you acknowledge that any reliance on the information contained in this article is solely at your own risk. The Company is not responsible for any financial losses, legal disputes, or other damages that may arise from reliance on this content or from any investment or legal decisions based on the information provided. Investing in cryptocurrencies involves substantial risks, including the risk of losing your entire investment, and you should carefully consider whether it is appropriate for your circumstances.
Read more
