CFTC’s Pham Announces Launch of Regulated Crypto Spot Trading in U.S.
Commissioner Caroline Pham of the CFTC (U.S. derivatives regulator) says regulated cryptocurrency spot trading is now available, marking what she calls a 'new golden age' for digital asset markets.
Summary
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Terms & Concepts
- CFTC (Commodity Futures Trading Commission): The U.S. federal agency that regulates derivatives markets, including futures, options, and certain cryptocurrency products.
- Crypto Spot Trading: The buying or selling of cryptocurrencies for immediate settlement, as opposed to futures or options contracts.