#CFTCCryptoSprint CFTC will consider the possibility of allowing spot trading of cryptocurrencies on authorized exchanges
The U.S. Commodity Futures Trading Commission (CFTC) has launched an initiative aimed at allowing trading of 'spot contracts on crypto assets' on futures platforms registered with the agency.
The proposal is part of the regulator's 'Crypto Sprint' campaign aimed at implementing the recommendations of the Digital Assets Working Group under former U.S. President Donald Trump.
===========
'CFTC is working to make immediate trading of digital assets possible at the federal level in coordination with the SEC's Project Crypto initiative. There is a clear and straightforward solution that CFTC can implement right now,' explained acting CFTC Chair Caroline Pham.