CFTC Proposes Framework for Spot Crypto Trading on DCMs
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The US CFTC has initiated a program to explore the feasibility of spot crypto asset trading on designated contract markets (DCMs), leveraging its current regulatory authority.
This development is part of a coordinated effort with the SEC to clarify digital asset classification—an ongoing debate over whether cryptocurrencies qualify as securities or commodities.
Acting Chair Caroline Pham emphasized stakeholder engagement, setting an August 18 deadline for public comments. The initiative follows the CFTC’s recent “Crypto Sprint” program, which seeks to align crypto regulations with White House recommendations.
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