#CFTC announced one of the most significant shifts in cryptocurrency regulation in history. For the first time, digital assets are allowed to be traded on fully federally regulated exchanges in the USA. This decision moves cryptocurrency from the 'off-system' zone into the realm of rules that have been in place for traditional financial markets for decades.
CFTC Chair Caroline Pham stated that this step opens a 'new golden era of innovation in America' and provides a higher level of transparency and protection for both retail and institutional investors. The decision also came in response to a series of incidents involving foreign exchanges that demonstrated the vulnerability of unregulated platforms.
In fact, the USA is transitioning from fragmented regulation of crypto to a systematic approach, equating spot digital assets to classic commodity markets. This means unification of standards, increased requirements for exchanges, and a new regime of trade control.
The launch of trading on federally regulated exchanges creates a new entry point for major players who previously avoided the crypto market due to legal uncertainty. Now crypto is becoming part of the official infrastructure of the US financial system for the first time in decades.
The CFTC's decision solidifies the transition of cryptocurrencies into a mature phase of development. The signal is clear: the era of semi-legal status is over, and a period of full integration into the regulated market is coming.
