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CFTC sprints to approve spot crypto trading by year-end

Acting chair Pham also expects tokenised collateral to be up and running by then or early 2026

CFTC
Photo: John Harrington

Spot crypto should begin trading on at least one of the designated contract markets regulated by the US Commodity Futures Trading Commission (CFTC) by year-end, according to acting chair Caroline Pham.

“It’s a crypto sprint,” she said. “I’m very serious about that, so we are moving quickly.”

Pham, speaking to the annual meeting of the Securities Industry and Financial Markets Association, also said the regulator would issue something on tokenised collateral by the end of the year, particularly as

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