CFTC Unveils Plans for Leveraged Spot Crypto Products Amidst Government Shutdown

Despite the ongoing U.S. government shutdown, the Commodity Futures Trading Commission (CFTC) is actively pushing forward with plans to launch leveraged spot crypto products as early as next month. Acting Chair Caroline Pham has been engaging directly with regulated US crypto exchanges to bring these offerings to market. Her commitment stems from a desire to foster leverage trading in crypto assets within the United States.