The US Commodity Futures Trading Commission (CFTC) is actively preparing to launch spot crypto products on officially regulated platforms. This was reported by CoinDesk, citing sources familiar with the agency's internal plans.
According to the publication, Acting CFTC Chair Caroline Pham is holding a series of meetings with representatives of crypto exchanges to coordinate the details of the upcoming launch. These discussions concern not only the structure of the new products but also the regulatory mechanisms that should ensure their transparency and security for investors.
As part of the reform, the agency intends to create a special experimental unit within its enforcement division. Its task will be to oversee the implementation of new instruments and assess the legal risks associated with spot crypto trading. Sources say the CFTC is also developing internal guidelines that will determine the functioning of digital asset spot markets. The regulator assumes that it does not require additional legislative approval to launch such products.
One key area of development will be the integration of stablecoins as tokenized collateral as early as 2026. This will expand the use of digital assets within traditional financial instruments. However, personnel changes are possible: according to sources, Pham may leave the CFTC and join MoonPay.
"We continue to engage with Congress to achieve greater legislative clarity in the digital asset space, while also leveraging existing authority to implement the recommendations of the Presidential Task Force," Caroline Pham told CoinDesk.
According to her, the launch of the first spot crypto products on regulated exchanges could occur before the end of this year. This will be an important step in integrating cryptocurrencies into the US legal system and will strengthen institutional investor confidence in digital assets.
The CFTC previously announced plans to include stablecoins in derivatives markets, viewing them as a tool capable of increasing the liquidity and stability of the financial infrastructure. The new project, with the launch of spot products, continues this strategic line aimed at gradually bridging the gap between the crypto market and traditional finance.