CFTC greenlights spot crypto trading on US exchanges
PositiveCryptocurrency

- The Commodity Futures Trading Commission (CFTC) has approved spot cryptocurrency trading on U.S. exchanges, a decision announced by Acting Chair Caroline Pham. This initiative aims to enhance trading activity within the U.S. market, steering it away from offshore platforms that may lack essential safeguards.
- This development is significant as it marks a pivotal moment for U.S. exchanges, potentially increasing their competitiveness in the global cryptocurrency market. It also reflects the CFTC's commitment to fostering a regulated environment for digital assets.
- The approval aligns with broader efforts to establish a comprehensive regulatory framework for cryptocurrencies in the U.S., as the CFTC seeks input from industry leaders through initiatives like the CEO Innovation Council. This move highlights ongoing discussions about the need for clear regulations and oversight in the rapidly evolving cryptocurrency landscape.
— via World Pulse Now AI Editorial System







