Latest news with #CommodityFuturesTradingCommission
Time of India
2 days ago
- Business
- Time of India
CFTC to allow listed spot crypto trading on registered exchanges
The Commodity Futures Trading Commission will permit spot crypto asset contract trading. This will happen on registered futures exchanges. The digital asset industry has seen progress. Bills like the GENIUS Act and CLARITY Act have provided regulatory certainty. The CFTC will enable immediate digital asset trading. This will be at the Federal level. Tired of too many ads? Remove Ads Crypto TrackerPowered By TOP COINS TOP COIN SETS Solana 14,767.53 ( 3.61 %) Buy Ethereum 3,20,990 ( 3.23 %) Buy XRP 267.18 ( 2.14 %) Buy BNB 66,923 ( 1.69 %) Buy Bitcoin 1,00,39,263 ( 0.36 %) Buy The Commodity Futures Trading Commission said on Monday it would allow trading of spot crypto asset contracts that are listed on a futures exchange registered under the digital assets industry has seen progress under President Donald Trump's administration, as bills like the GENIUS Act and CLARITY Act have provided more regulatory commission will enable immediate trading of digital assets at the Federal level in coordination with the Securities and Exchange Commission's "Project Crypto", CFTC acting chairman Caroline Pham CFTC invited stakeholders on how to list the spot crypto asset contracts in a designated Chair Paul Atkins outlined several pro-crypto initiatives last week, including directing staff to develop guidelines to determine when a crypto token qualifies as a security, and proposals for various disclosures and two regulators' approach marks a significant victory for the crypto industry, which has long advocated for tailored regulations."Together, we will make America the crypto capital of the world ," Pham said.
Business Times
2 days ago
- Business
- Business Times
CFTC to allow listed spot crypto trading on registered exchanges
[BENGALURU] The Commodity Futures Trading Commission (CFTC) said on Monday (Aug 4) that it would allow trading of spot crypto asset contracts that are listed on a futures exchange registered under the regulator. The digital assets industry has seen progress under US President Donald Trump's administration, as bills such as the Genius Act and Clarity Act have provided more regulatory certainty. The commission will enable immediate trading of digital assets at the Federal level in coordination with the Securities and Exchange Commission's 'Project Crypto', CFTC acting chairman Caroline Pham said. The CFTC invited stakeholders on how to list the spot crypto asset contracts in a designated market. US Securities and Exchange Commission chair Paul Atkins outlined several pro-crypto initiatives last week, including directing staff to develop guidelines to determine when a crypto token qualifies as a security, and proposals for various disclosures and exemptions. The two regulators' approach marks a significant victory for the crypto industry, which has long advocated for tailored regulations. 'Together, we will make America the crypto capital of the world,' Pham said. REUTERS
Business Standard
3 days ago
- Business
- Business Standard
Euro speculative net longs edge down slightly
Large currency speculators in the Euro futures market slightly reduced net longs, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Euro futures, traded by large speculators and hedge funds, totaled a net long position of 123,359 contracts in the data reported through July 29, 2025, but stayed near a one and half year high. However, this was a weekly decline of 2156 net long contracts.
Business Standard
3 days ago
- Business
- Business Standard
Pound net speculative longs fall to near 6-month low
Large currency speculators sharply reduced net long positions in the Pound futures market to a near 6-month low, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Pound futures, traded by large speculators and hedge funds, totaled a net short position of 12028 contracts in the data reported through July 29, 2025. This was a weekly slump of 11458 net long contracts.
Business Insider
7 days ago
- Business
- Business Insider
Trump has a new plan to supercharge crypto markets
The dust is still settling from crypto week on Capitol Hill, but government officials are already pushing their latest plan to boost digital assets. The Working Group on Digital Asset Markets, established under an order from President Donald Trump, released its report detailing crypto policy recommendations late Wednesday. Federal officials recommended that the US government establish a "fit-for-purpose market structure framework" to best support the digital asset industry and help it grow while also protecting consumers and ensuring the US maintains its global crypto dominance. A White House fact sheet said that the group believes action is needed from both the Commodity Futures Trading Commission and the Securities and Exchange Commission, two agencies that have been at odds in the past over which one should regulate the sector. The report said that both regulatory agencies should use their authority to provide further clarity for investors around matters such as registration, custody, and trading. It also highlighted the need for the government to allow consumers access to "innovative financial products" without certain regulatory or legal provisions. The group proposed that Congress enact legislation that "eliminates existing gaps in regulatory oversight by providing the CFTC authority to oversee spot markets for non-security digital assets." Regulatory clarity was a sticking point for the crypto market under past administrations. The SEC led by Gary Gensler during Joe Biden's term as president was often criticized by the market for not providing clear guidance, and for regulating by enforcement. The market was already cheering this month's "crypto week" in Washington, and market players tell Business Insider that the latest policy proposals further strengthen government support for the space. "I've been building crypto infrastructure since 2017 both for traditional entities and for DeFi, and [the] Working Group recommendations are the first time I've seen Washington actually understand what we need," Connor Howe, co-founder of told BI. "Clear rules, not more enforcement." Scott Buchanan, chief operating officer of Bitcoin Depot, also expressed optimism that new policies will help spur growth for crypto markets. "Clear rules give the market confidence, open the door to mainstream adoption, and finally allow the industry to focus on growth instead of guessing what the rules are," he said. "With a solid foundation, we could see reduced market volatility and a more stable environment for both retail and institutional investors." Since the group released its report, several prominent cryptos have risen, including Bitcoin, Ethereum and Solana, indicating the market is reacting well to the news.
