CFTC Pushes to Greenlight Leveraged Spot Crypto Trading in US
The US Commodity Futures Trading Commission (CFTC) is actively working towards authorizing leveraged spot crypto trading in the United States. CFTC acting chair Caroline Pham confirmed ongoing discussions with regulated American crypto exchanges, aiming for a potential launch as early as next month.
This initiative follows an earlier CFTC effort in August to enable trading of "spot crypto asset contracts" on registered exchanges. Key to the Commodity Exchange Act, leveraged retail commodity transactions fall under CFTC jurisdiction. Leveraged crypto spot positions would be permissible only if their duration is strictly limited to 28 days or less.
Despite the recent US government shutdown, regulatory progress in crypto continues, indicating a sustained commitment to establishing a clear framework for digital assets.


Cryptovka
CFTC Pushes to Greenlight Leveraged Spot Crypto Trading in US
The US Commodity Futures Trading Commission (CFTC) is actively pursuing the authorization of leveraged spot crypto trading within the United States...



