CFTC Acting Chair Confirms Talks on Leveraged Spot Crypto Trading Launch

Caroline Pham, acting chair of the Commodity Futures Trading Commission, confirmed November 9 that the agency is negotiating with regulated exchanges to launch leveraged spot cryptocurrency trading. The initiative targets early December and would enable investors to trade digital assets with margin and financing on supervised platforms. Pham verified the development by responding to a social media report, marking a shift from current U.S. regulations that limit leveraged trading primarily to derivatives.