The U.S. CFTC is considering allowing futures exchanges to conduct cryptocurrency spot trading

ChainCatcher news, according to CoinDesk, the Commodity Futures Trading Commission (CFTC) of the United States has stated that it is considering allowing spot cryptocurrency trading on registered futures exchanges and is seeking input from stakeholders to implement the cryptocurrency development goals proposed by President Trump.

CFTC Acting Chair Caroline Pham stated in a statement on Monday that the agency hopes stakeholders will assist in providing regulatory clarity on how to list spot crypto assets on CFTC-registered futures exchanges (also known as designated contract markets, DCM). This is one of the types of exchanges regulated by the CFTC.

The "Spot Crypto Trading Initiative" is the CFTC's first response to the report released last week by the Trump administration's Digital Asset Market Working Group. The report outlined clear expectations for U.S. regulators, such as requiring the CFTC to provide a regulatory framework for digital asset trading by offering clear guidance on registration, custody, and other aspects.

The initiative is also seen as part of the U.S. Securities and Exchange Commission (SEC) "Project Crypto." SEC Chair Paul Atkins announced last week that this project is a comprehensive plan aimed at modernizing securities rules to enable financial markets to migrate to operate on blockchain.