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CFTC Opens Futures Market to Spot Crypto Trading in Major Shift
Acting CFTC Chairman Caroline D. Pham announced that listed spot cryptocurrency products will begin trading for the first time on CFTC-registered futures exchanges, marking a major shift in how Americans can access leveraged crypto exposure. The move aligns with President Donald Trump’s pledge to usher in what the administration calls a “Golden Age of Innovation” and to position the U.S. as a center for digital asset markets. Pham framed the decision as a course correction after years in which the agency focused on enforcement actions instead of clear rules for retail products. She said the CFTC has a long ... (full story)