Recently, the Commodity Futures Trading Commission (CFTC) announced that it is evaluating the possibility of introducing Spot Crypto Assets trading on registered futures exchanges. The agency is currently seeking input from industry stakeholders to advance the goals of Crypto Assets development.

CFTC Acting Chairman Caroline Pham issued a statement earlier this week, expressing that the agency hopes to collaborate with relevant parties to provide clear regulatory guidance on how to list spot crypto assets on the Designated Contract Market (DCM) under CFTC supervision. This move is seen as CFTC's first response to the recently released report from the Digital Asset Market Working Group. The report made specific demands on U.S. regulators, including that the CFTC needs to establish a regulatory framework for digital asset trading by providing clear sign up and custodial guidelines.

It is worth noting that this initiative is also considered part of the "crypto project" by the U.S. Securities and Exchange Commission (SEC). SEC Chairman Paul Atkins recently stated that the project is a comprehensive plan aimed at modernizing securities rules to support the migration of financial markets to blockchain technology.

This series of measures reflects that U.S. regulators are actively adapting to the development of the Crypto Assets market, striving to seek a balance between promoting innovation and protecting investor interests. As the regulatory framework becomes clearer, the compliance and stability of the Crypto Assets market are expected to improve, which may pave the way for broader institutional participation and market development.

However, industry insiders also point out that regulators need to act cautiously when formulating relevant policies to ensure that market innovation is not overly restricted. In the future, finding the right balance between regulation and innovation will be a key factor in determining the direction of the development of the US Crypto Assets market.