The CFTC is considering allowing futures exchanges to list Bitcoin and Ethereum Margin Trading.

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[Chain News] PANews, August 5 - According to reports, the Commodity Futures Trading Commission (CFTC) is exploring how to allow some registered futures exchanges to list leveraged digital assets such as Ether and Bitcoin. Acting Chair Caroline Pham stated in a press release: "CFTC can now implement a clear and simple solution," referring to a commentary she published in March, where she suggested that the agency could use its authority to exempt some companies from the current rules that limit futures exchanges to only listing derivation products. The regulatory agency has sought public input on the matter of listing Spot encryption asset futures trading for futures exchanges registered with the CFTC by August 18.

The CFTC's move indicates that it will not wait for Congress to legislate direct regulatory authority over non-securities crypto assets. Although the House passed the Cryptocurrency Market Structure Bill in July, it still awaits Senate review. This announcement is the first step in the cryptocurrency sprint program launched by the CFTC last week. Previously, a cross-agency task force overseen by the White House also issued an important policy document on regulating digital assets with a whole-of-government approach.

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SignatureDeniedvip
· 8h ago
Here comes the party again, tonight Rekt.
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PumpAnalystvip
· 08-06 04:06
The leveraged players are going to crash again, sob sob.
View OriginalReply0
MEVictimvip
· 08-05 00:38
Just kidding, I'm going to suffer huge losses again.
View OriginalReply0
GasWastervip
· 08-05 00:36
I have to teach old Buffett again.
View OriginalReply0
RugpullAlertOfficervip
· 08-05 00:34
Too much leverage just means waiting for a crash.
View OriginalReply0
CryptoSurvivorvip
· 08-05 00:26
True - leverage kills me, I don't lose.
View OriginalReply0
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