The U.S. Commodity Futures Buying and selling Fee (CFTC)
might enable buying and selling platforms licensed underneath Europe’s new MiCA framework to
function in American markets, Performing Chairman Caroline D. Pham instructed UK
lawmakers.
Talking earlier than the All-Get together Parliamentary Group on
Blockchain Applied sciences in London, as reported by the regulator, Pham stated the CFTC is exploring whether or not
MiCA-authorized venues might qualify underneath its long-standing cross-border
recognition guidelines.
“The CFTC may also discover whether or not buying and selling platforms
licensed underneath the EU Markets in Crypto-Belongings Regulation (MiCA), or related
digital asset or crypto asset regimes, would additionally qualify underneath the CFTC’s
present cross-border frameworks,” Pham knowledgeable.
Remarks by @CFTCpham earlier than the UK All-Get together Parliamentary Group on Blockchain Applied sciences, Parliamentary Worldwide Roundtable Digital Belongings Coverage & Regulation: https://t.co/wpRhrRlphF
— CFTC (@CFTC) September 8, 2025
CFTC Seems to Europe’s MiCA
The Performing CFTC Chairperson famous that many U.S.
crypto corporations relocated overseas as a result of years of regulatory uncertainty, with some
establishing buying and selling venues in Europe underneath MiFID or getting ready for MiCA
authorization.
Her remarks steered that, for the primary time, Europe’s
landmark MiCA regulation might present a gateway for entry
to U.S. members.
“Due to the dearth of U.S. regulatory readability and the enforcement-first strategy of the previous a number of years, many U.S. corporations established associates in non-U.S. jurisdictions with clear rules for crypto asset actions,” she defined.
Past cross-border points, Pham stated Washington is
coming into a “new starting” of coordination between the SEC and CFTC. The 2
regulators will reportedly maintain a joint roundtable later this month to debate harmonizing
product definitions, knowledge requirements, and innovation exemptions.
U.S. Crypto Roadmap
The feedback comply with the discharge of the Trump
Administration’s digital asset roadmap, which requires modernized banking
guidelines, stronger oversight of stablecoins, and new instruments corresponding to secure harbors
and sandboxes.
The CFTC has launched a “Crypto Dash” to hunt public
suggestions on listed spot crypto buying and selling, with feedback due October 20. Pham stated regulation should stay “technology-neutral”
and warned in opposition to repeating errors from the Dodd-Frank Act that created
“regulatory moats and market fragmentation.”
Associated: SEC and CFTC Subject Joint Crypto Steerage; May the UK Take Related Steps?
By means of her function on the CFTC ’s World Markets Advisory
Committee, Pham has pressed for pragmatic cross-border guidelines. She stated aligning
with regimes like MiCA, which already cowl capital, custody, transparency, and
retail safety, might stop additional fragmentation.
U.S. market regulators not too long ago signaled openness
towards cryptocurrency buying and selling, saying present registered platforms are succesful
of dealing with spot transactions underneath their oversight.
🚨 The NYSE, Nasdaq, CBOE, CME, and many others, will quickly have spot buying and selling for BTC, ETH, and extra. https://t.co/qZo3YsYDQA
— matthew sigel, recovering CFA (@matthew_sigel) September 2, 2025
In a joint assertion, the Securities and Change
Fee and CFTC inspired platforms to strategy them with questions,
suggesting a willingness to work inside present frameworks quite than look ahead to
new legal guidelines.
The transfer highlighted the businesses’ coordinated effort
to offer regulatory readability because the US continues to debate broader digital
asset laws.
The U.S. Commodity Futures Buying and selling Fee (CFTC)
might enable buying and selling platforms licensed underneath Europe’s new MiCA framework to
function in American markets, Performing Chairman Caroline D. Pham instructed UK
lawmakers.
Talking earlier than the All-Get together Parliamentary Group on
Blockchain Applied sciences in London, as reported by the regulator, Pham stated the CFTC is exploring whether or not
MiCA-authorized venues might qualify underneath its long-standing cross-border
recognition guidelines.
“The CFTC may also discover whether or not buying and selling platforms
licensed underneath the EU Markets in Crypto-Belongings Regulation (MiCA), or related
digital asset or crypto asset regimes, would additionally qualify underneath the CFTC’s
present cross-border frameworks,” Pham knowledgeable.
Remarks by @CFTCpham earlier than the UK All-Get together Parliamentary Group on Blockchain Applied sciences, Parliamentary Worldwide Roundtable Digital Belongings Coverage & Regulation: https://t.co/wpRhrRlphF
— CFTC (@CFTC) September 8, 2025
CFTC Seems to Europe’s MiCA
The Performing CFTC Chairperson famous that many U.S.
crypto corporations relocated overseas as a result of years of regulatory uncertainty, with some
establishing buying and selling venues in Europe underneath MiFID or getting ready for MiCA
authorization.
Her remarks steered that, for the primary time, Europe’s
landmark MiCA regulation might present a gateway for entry
to U.S. members.
“Due to the dearth of U.S. regulatory readability and the enforcement-first strategy of the previous a number of years, many U.S. corporations established associates in non-U.S. jurisdictions with clear rules for crypto asset actions,” she defined.
Past cross-border points, Pham stated Washington is
coming into a “new starting” of coordination between the SEC and CFTC. The 2
regulators will reportedly maintain a joint roundtable later this month to debate harmonizing
product definitions, knowledge requirements, and innovation exemptions.
U.S. Crypto Roadmap
The feedback comply with the discharge of the Trump
Administration’s digital asset roadmap, which requires modernized banking
guidelines, stronger oversight of stablecoins, and new instruments corresponding to secure harbors
and sandboxes.
The CFTC has launched a “Crypto Dash” to hunt public
suggestions on listed spot crypto buying and selling, with feedback due October 20. Pham stated regulation should stay “technology-neutral”
and warned in opposition to repeating errors from the Dodd-Frank Act that created
“regulatory moats and market fragmentation.”
Associated: SEC and CFTC Subject Joint Crypto Steerage; May the UK Take Related Steps?
By means of her function on the CFTC ’s World Markets Advisory
Committee, Pham has pressed for pragmatic cross-border guidelines. She stated aligning
with regimes like MiCA, which already cowl capital, custody, transparency, and
retail safety, might stop additional fragmentation.
U.S. market regulators not too long ago signaled openness
towards cryptocurrency buying and selling, saying present registered platforms are succesful
of dealing with spot transactions underneath their oversight.
🚨 The NYSE, Nasdaq, CBOE, CME, and many others, will quickly have spot buying and selling for BTC, ETH, and extra. https://t.co/qZo3YsYDQA
— matthew sigel, recovering CFA (@matthew_sigel) September 2, 2025
In a joint assertion, the Securities and Change
Fee and CFTC inspired platforms to strategy them with questions,
suggesting a willingness to work inside present frameworks quite than look ahead to
new legal guidelines.
The transfer highlighted the businesses’ coordinated effort
to offer regulatory readability because the US continues to debate broader digital
asset laws.