CFTC PUSHES FOR REGULATED LEVERAGED SPOT CRYPTO TRADING

Summary from the TLDR Crypto newsletter

Acting CFTC Chair Caroline Pham confirmed plans to launch leveraged spot crypto trading on regulated US exchanges like CME, Cboe, Coinbase Derivatives, Kalshi, and Polymarket US as soon as next month. The initiative uses existing Commodity Exchange Act authority to bring margin-based crypto trading under federal oversight, offering institutional-grade protections previously absent in offshore markets. It marks a major policy shift toward mainstream adoption and could reshape how both retail and institutional investors access leveraged exposure to bitcoin and ether in the US.