Caroline D. Pham, Acting Chairman of the U.S. Commodity Futures Trading Commission (CFTC), announced today that listed spot cryptocurrency products will be traded for the first time on U.S. federally regulated markets of futures exchanges registered with the CFTC. Today's announcement follows the recommendations of the President's Working Group on Digital Assets and incorporates insights from stakeholders in the CFTC's "Crypto Sprint" initiative, as well as the results of cooperation with the U.S. Securities and Exchange Commission.

The "Crypto Sprint" initiative has also launched a public consultation on all other CFTC-related recommendations in the President's Working Group on Digital Assets report. Other aspects of the initiative include enabling tokenized collateral (including stablecoins) in the derivatives market, as well as rulemaking to make technical amendments to CFTC regulations on collateral, margin, clearing, settlement, reporting, and recordkeeping to facilitate the use of blockchain technology and market infrastructure, including tokenization technology, in our markets.