
Acting CFTC Chairman Caroline Pham is accelerating plans for leveraged spot crypto trading, with direct talks underway to launch the products via regulated U.S. exchanges next month.
Acting Commodities Futures Trading Commission Chairman Caroline Pham is pressing for the launch of leveraged spot cryptocurrency trading as early as next month. She has held direct discussions with regulated U.S. exchanges to expedite bringing these products to market. Leveraged spot trading allows participants to borrow funds to amplify immediate crypto positions, increasing potential gains and risks. The initiative would operate under CFTC oversight, potentially expanding the range of trading tools available on U.S. exchanges.