The U.S. Commodity Futures Trading Commission (CFTC) is actively preparing to launch spot cryptocurrency products on regulated exchanges. It has been reported that the acting chair of the regulator, Caroline Pham, is holding a series of meetings with representatives of cryptocurrency exchanges to finalize the details of implementing these new financial instruments.
This is reported by Finway
Establishment of a New Division and Market Recommendations
According to informed sources, the CFTC intends to organize an experimental division within its enforcement department. The main goal of this division is to develop effective guidance and recommendations for spot trading of crypto assets. Regulator representatives emphasize that the existing powers of the commission are sufficient to launch new products without additional legislative changes.
“While we continue to work with Congress on legislative clarity for the digital asset market, we are already utilizing our existing authority to implement recommendations from the presidential working group’s report,” Caroline Pham stated in a comment to CoinDesk.
Integration of Stablecoins and Personnel Changes
A separate area of focus will be the legalization of using stablecoins as tokenized collateral. This process is expected to begin as early as the start of 2026. At the same time, reports are emerging that Caroline Pham may leave her position as chair of the CFTC to join MoonPay.
Caroline Pham also emphasized that the launch of new spot crypto products is anticipated by the end of this year. Previously, the CFTC had already announced an initiative to integrate stablecoins into the derivatives markets, indicating the regulator’s consistent movement towards the development of digital assets and the updating of the legal framework for innovative financial instruments.