The US Commodity Futures Trading Commission (CFTC) has granted approval for spot cryptocurrency trading on federally regulated futures exchanges, marking a significant milestone in the integration of digital assets into the national financial landscape. This historic decision, announced by Acting Chair Caroline Pham, follows policy directives from President Trump and input from multiple federal bodies. The move reflects recommendations from the President’s Working Group on Digital Asset Markets, discussions with the Securities and Exchange Commission (SEC), and feedback gathered through the CFTC’s “Crypto Sprint” program. Pham emphasized that this marks the first time spot crypto will trade on exchanges registered by the CFTC, a long-standing authority for futures markets, while ensuring customer protection and market integrity. This decision paves the way for derivatives firms to access a regulated space for trading in digital assets ahead of new market structure laws expected from Congress.