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US CFTC Explores Spot Crypto Trading On Futures Exchanges As “Crypto Sprint” Initiative Kicks Off

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The US Commodity Futures Trading Commission (CFTC) is exploring spot crypto trading on futures exchanges, marking the first step in its “crypto sprint” initiative. “Under President Trump’s strong leadership and vision, the CFTC is full speed ahead on enabling immediate trading of digital assets at the Federal level in coordination with the SEC’s Project Crypto,” CFTC Acting Chairman Caroline Pham said in an Aug. 4 statement .  CFTC Acts On “Crypto Sprint” Initiative In the statement, Pham said the spot trading initiative follows the recommendations in the US President’s Working Group on Digital Assets Markets report .  “There is a clear and simple solution the CFTC can implement now, ” Pham said. “The Commodity Exchange Act currently requires that retail trading of commodities with leverage, margin, or financing must be conducted on a DCM,” she added.  🚨NEW: The @CFTC is launching...

Moscow Exchange Bitcoin Futures Hit 7B Rubles

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Moscow Exchange Bitcoin futures have surged to nearly 7 billion rubles in total trading volume since launch, and this marks a significant milestone for crypto futures in Russia right now. The exchange’s Bitcoin index trading platform currently serves over 10,000 qualified investors, with Russian crypto regulation enabling structured cryptocurrency exposure through the Moscow exchange crypto derivatives market at the time of writing. Bank of Russia crypto regulation announcement – Source: CBR.ru Also Read: Russia Approves Crypto Derivatives for Wealthy Investors Moscow Exchange Crypto Futures Surge Amid Index Launch, New Rules Source: Bloomberg The Moscow Exchange Bitcoin futures contracts, which were launched on June 4, also generated 420 million rubles on their first trading day alone. Managing Director Vladimir Krekoten had this to say: “Since then, the trading volume has amounted to a total of almost 7 billion rubles. Over 10,000 qualified investors have made transa...