The U.S. Commodity Futures Trading Commission (CFTC) has approved registered exchanges to offer spot cryptocurrency products, paving the way for the Chicago Mercantile Exchange (CME) to expand its crypto offerings. This regulatory change is expected to attract traditional market capital, potentially boosting trading activity.
The CME, known for its crypto futures and options, reported a daily trading volume of 794,903 contracts on November 21, with an average daily trading volume of $12 billion in notional value for the year. The integration of spot and derivatives trading on a single regulated platform is anticipated to enhance efficiency and stability for institutional investors.
CFTC Approves Spot Crypto Trading on Regulated Exchanges
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
