CFTC acting chair in talks with exchanges to launch spot crypto services

U.S. Commodity Futures Trading Commission (CFTC) Acting Chair Caroline Pham has announced that the agency is in discussions with its registered exchanges to launch spot cryptocurrency services as early as next month, according to The Block. Pham explained that these talks involve not only major exchanges like the Chicago Mercantile Exchange (CME) and Cboe Futures Exchange but also firms such as Coinbase Derivatives, Kalshi, and Polymarket US. The discussions reportedly cover the launch of various spot crypto trading products, including leveraged instruments.