The CFTC is slated to have a more influential role overseeing the crypto industry as lawmakers look to pass a bill that would give bolstered authority to the agency.
Regulators are entering a second year of sweeping change under the Trump administration, with the SEC and CFTC set to have a busy 2026.
The next year will be pivotal for cryptocurrency legislation, with the big question being whether an all-encompassing bill can get passed.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The lawsuits follow Coinbase's announcement a day earlier that it plans to enter prediction markets through a partnership with Kalshi.
CFTC Acting Chai Pham is moving on to a new role at MoonPay as its chief legal officer and chief administrative officer.
Wednesday's meeting was with members of the Senate Banking Committee along with crypto and traditional finance representatives.
As an acting chairman at the Commodity Futures Trading Commission, Caroline Pham pulled no punches in pursuing crypto-friendly policy aims.
The narrative surrounding XRP, the digital asset native to the XRP Ledger, has shifted from a speculative cryptocurrency to a recognized digital asset within the global financial system. This shift reflects growing legal clarity and rising interest from financial institutions seeking compliant blockchain-based solutions for payments, liquidity, and settlement. How Institutional Interest In XRP Continues To Build As XRP gains recognition in regulated financial markets, it’s moving beyond its earlier perception as a speculative digital asset. An analyst known as Skipper_xrp has mentioned on X that this milestone has placed XRP in the conversation alongside traditional assets that institutions already trust. With recent developments from the US Commodity Futures Trading Commission (CFTC) and rising institutional interest, investors are wondering whether XRP’s growing credibility could be the catalyst for the next major price movement. Related Reading: Not Just Crypto: Research Says XRP Is Moving Into Bank-Grade Payment Infrastructure Meanwhile, tokenization is no longer a theoretical concept; it’s now a tangible reality. The ability to unlock trillions of dollars in real-world assets through blockchain is transforming how the markets will operate. On this front, the REAL token on the XRP Ledger isn’t just participating, it’s leading the change, and opening doors to an unprecedented global market. Ripple recently made the single biggest unlock for XRP since the case against the US SEC, and it has nothing to do with a court ruling. X Finance Bull has provided insight into the CLARITY Act, which legally defines digital commodities under CFTC oversight, eliminating guesswork and excuses from institutions. The real barrier to mass XRP adoption wasn’t tech or liquidity, but a legal risk, and that wall just cracked wide open. Currently, banks can use XRP rails, brokers can move in flow, and corporate treasuries can hold XRP on their books without stepping into uncertainty. This isn’t future potential; it’s the regulatory permission that is required before deploying serious capital. Many tokens don’t fit the mold, but XRP already operates on payment-grade, bank-ready infrastructure designed for real-world settlement, and first in line for real volume. “When institutions get the green light, the token with roads already built will lead,” Xfinancebull noted. A New Gateway Between Asian Markets And Ripple Labs Technical analyst, ChartNerd, revealed that VivoPower International PLC has quietly transformed a standard joint venture agreement into a strategic expansion vehicle with asymmetric exposure. Instead of deploying heavy capital, the structure creates a bridge between Seoul’s institutional crypto markets and Ripple Labs’ private equity, which is aligning with access rather than ownership. Related Reading: Fed Turns On The Liquidity Hose, XRP Ready To Ignite, Investor Claims ChartNerd stated that the play is targeting $300 million in Ripple Lab shares. Furthermore, VivoPower has a capital-light model that delivers substantial upside while minimizing corporate risk. Featured image from Peakpx, chart from Tradingview.com
On Friday afternoon, the CFTC published Release 9146-25, a document with a long title and a simple message: Bitcoin, Ethereum, and USDC are getting a supervised trial run as collateral inside the US derivatives system. It’s an experiment with guardrails, reporting, and plenty of fine print, but it represents a real shift in how the […]
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Sen. Scott said "real progress" is being made to pass a massive cryptocurrency bill into law after meeting with top bank CEOs on Thursday.
The CFTC is withdrawing "outdated and overly complex guidance," related to delivery of digital assets, according to acting Chair Pham.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
While its perpetual contracts remain unavailable to U.S. traders, dYdX Labs said it will track regulatory developments from the SEC and CFTC.
Gemini's Designated Contract Market will offer binary event contracts and may expand into other CFTC-regulated derivatives.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Lawmakers are barrelling ahead to get a massive cryptocurrency bill advanced and moving forward to eventually land at President Trump's desk.
The United States has signaled a clear distinction between crypto assets suitable for trading and those best suited for use as collateral in the derivatives markets. On Dec 8, the Commodity Futures Trading Commission (CFTC) authorized Futures Commission Merchants (FCMs) to accept Bitcoin, Ethereum, and USDC as eligible margin under a digital assets pilot program. […]
The post The CFTC just authorized Bitcoin, ETH, USDC only for US leverage, leaving XRP, SOL stranded in risky limbo appeared first on CryptoSlate.
Negotiations on a crypto bill have been "decently frustrating" over the past few weeks, Ohio Republican Sen. Bernie Moreno said.
The move builds on a CFTC initiative in September expanding the use of tokenized collateral, particularly stablecoins, in derivatives markets.
Acting Chair Caroline Pham has unveiled a first-of-its-kind U.S. program to permit tokenized collateral in derivatives markets, citing "clear guardrails" for firms.
On Dec. 4, the United States Commodity Futures Trading Commission (CFTC) approved leveraged spot crypto trading on federally regulated exchanges. For the first time in American history, spot Bitcoin and other crypto assets can trade with margin inside the CFTC framework that already governs futures and options, backed by central clearing and long-tested risk management. […]
The post CFTC leverage ruling finally opens the door for $25 trillion giants to enter the crypto market appeared first on CryptoSlate.
Regulators in Washington on Thursday cleared a major step that lets Americans trade spot Bitcoin and other cryptocurrencies on federally registered exchanges for the first time. Related Reading: Bitcoin Crash Fails To Shake Ripple CEO — He Still Calls For $180K According to the Commodity Futures Trading Commission, listed spot crypto products may now be offered on exchanges registered with the agency, a move announced on December 4, 2025. Regulated Spot Trading Begins The action comes from a CFTC press release labeled Release No. 9145-25 and that the change allows spot crypto contracts to be listed on futures exchanges that are registered with the CFTC. The regulator said its rules now permit such listings to trade under the oversight and surveillance standards those exchanges already follow. .@CFTCpham Announces First-Ever Listed Spot Crypto Trading on U.S. Regulated Exchanges: https://t.co/89Mx6f0ss4 — CFTC (@CFTC) December 4, 2025 Bitnomial Leads The Way Bitnomial, a Chicago-based derivatives exchange, is set to be the first exchange to list such products, with plans to offer both leveraged and non-leveraged spot trading on its platform. Market notices and statements show Bitnomial moved quickly to use the new framework, announcing a launch and filings that position it as the first US venue to trade listed spot crypto under CFTC rules. What This Means For Investors According to market commentators and reporting, the shift brings spot trades under long-standing market protections like clearing, surveillance and execution rules that apply to other listed products. That can make some institutional players and big funds more willing to trade onshore. At the same time, regulators say this is meant to pull activity away from unregulated offshore venues and improve market oversight. Acting Chairman Caroline Pham said the move is meant to strengthen the US position in the crypto market while giving traders access to safer and more transparent trading venues. Risks Remain Reports have disclosed that the change does not remove the underlying risks of crypto: prices can swing widely, and no regulatory move can stop market volatility. Also, only exchanges that seek and obtain the proper CFTC registration will be able to use this route, so most offshore platforms remain outside US oversight for now. Related Reading: Eric Trump Says Bitcoin Could Hit $500,000, Stands By ABTC Strategy Next Steps Observers will be watching whether other US exchanges follow Bitnomial, how many retail investors gain access, and how the SEC responds on parallel issues such as token classification and custody rules. The CFTC had flagged this pathway in August as part of a broader initiative to allow listed spot crypto trading, and agencies have since coordinated on guidance and public engagement. The CFTC’s Acting Chairman said this brings spot crypto trading into a regulated setting Americans can trust, and that exchanges with the right protections can now list these products. This development is part of a months-long policy push by the administration to create clearer rules for digital assets. Featured image from Barron’s, chart from TradingView
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitnomial has become the first exchange to list CFTC regulator-approved spot cryptocurrency products, the agency announced.
The CFTC banned Polymarket from operating in the U.S. in 2022 for operating an unregistered derivatives exchange.
The move marks the first time spot crypto assets can trade on a federally regulated commodities venue, signaling the CFTC’s accelerating push to oversee retail digital-asset markets.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The Bernstein analysts also expect Coinbase to unveil its own prediction-markets platform at its Dec. 17 event.
The CFTC's Acting Chair, Caroline Pham, is seeking chief executives to bolster a newly formed CEO Innovation Council.