Key Metrics
25.38
Heat Index-
Impact LevelMedium
-
Scope LevelNational
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Last Update2025-12-12
Key Impacts
Positive Impacts (12)
Negative Impacts (1)
Event Overview
The CFTC's actions reflect a shift towards more modern and accessible regulations for digital assets. By revoking outdated guidance and launching a pilot program, the commission aims to provide clearer and more secure market access, aligning with broader recommendations for the financial markets.
Collect Records
CFTC Revokes 2020 Digital Asset Delivery Guidance
The U.S. Commodity Futures Trading Commission (CFTC) is revoking a 2020 guidance document on the 'actual delivery' of digital assets, citing it as outdated and overly complex. This move, announced by Acting Chair Rostin Pham, aligns with recommendations from the President's Working Group on Financial Markets' report on digital assets. The CFTC aims to provide clearer and more secure market access for Americans. Under Pham's leadership, the CFTC has taken several steps to be more crypto-friendly, including launching the 'Crypto Sprint' initiative and approving Bitnomial and Gemini exchanges for regulated crypto products.
CFTC Launches Digital Asset Pilot Program
CFTC Acting Chair Caroline D Pham announced the launch of a digital asset pilot program. This program allows specific digital assets, such as Bitcoin, Ethereum, and USDC, to be used as collateral in derivatives markets. The CFTC also issued related guidelines and revoked outdated regulatory requirements that were made obsolete by the enactment of the Genius Act.