The U.S. Commodity Futures Buying and selling Fee (CFTC)
might permit buying and selling platforms licensed beneath Europe’s new MiCA framework to
function in American markets, Performing Chairman Caroline D. Pham informed UK
lawmakers.
Talking earlier than the All-Social gathering 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 beneath its long-standing cross-border
recognition guidelines.
“The CFTC will even discover whether or not buying and selling platforms
approved beneath the EU Markets in Crypto-Belongings Regulation (MiCA), or related
digital asset or crypto asset regimes, would additionally qualify beneath the CFTC’s
present cross-border frameworks,” Pham talked about.
Remarks by @CFTCpham earlier than the UK All-Social gathering 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 companies relocated overseas resulting from years of regulatory uncertainty, with some
establishing buying and selling venues in Europe beneath MiFID or getting ready for MiCA
authorization.
Her remarks recommended that, for the primary time, Europe’s
landmark MiCA regulation might present a gateway for entry
to U.S. contributors.
“Due to the shortage of U.S. regulatory readability and the enforcement-first strategy of the previous a number of years, many U.S. companies established associates in non-U.S. jurisdictions with clear laws for crypto asset actions.”
Past cross-border points, Pham stated Washington is
getting 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 protected 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 towards repeating errors from the Dodd-Frank Act that created
“regulatory moats and market fragmentation.”
Associated: SEC and CFTC Concern Joint Crypto Steerage; May the UK Take Related Steps?
By 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 forestall additional fragmentation.
U.S. market regulators not too long ago signaled openness
towards cryptocurrency buying and selling, saying current registered platforms are succesful
of dealing with spot transactions beneath their oversight.
🚨 The NYSE, Nasdaq, CBOE, CME, and so forth, 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 moderately than look forward 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 permit buying and selling platforms licensed beneath Europe’s new MiCA framework to
function in American markets, Performing Chairman Caroline D. Pham informed UK
lawmakers.
Talking earlier than the All-Social gathering 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 beneath its long-standing cross-border
recognition guidelines.
“The CFTC will even discover whether or not buying and selling platforms
approved beneath the EU Markets in Crypto-Belongings Regulation (MiCA), or related
digital asset or crypto asset regimes, would additionally qualify beneath the CFTC’s
present cross-border frameworks,” Pham talked about.
Remarks by @CFTCpham earlier than the UK All-Social gathering 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 companies relocated overseas resulting from years of regulatory uncertainty, with some
establishing buying and selling venues in Europe beneath MiFID or getting ready for MiCA
authorization.
Her remarks recommended that, for the primary time, Europe’s
landmark MiCA regulation might present a gateway for entry
to U.S. contributors.
“Due to the shortage of U.S. regulatory readability and the enforcement-first strategy of the previous a number of years, many U.S. companies established associates in non-U.S. jurisdictions with clear laws for crypto asset actions.”
Past cross-border points, Pham stated Washington is
getting 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 protected 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 towards repeating errors from the Dodd-Frank Act that created
“regulatory moats and market fragmentation.”
Associated: SEC and CFTC Concern Joint Crypto Steerage; May the UK Take Related Steps?
By 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 forestall additional fragmentation.
U.S. market regulators not too long ago signaled openness
towards cryptocurrency buying and selling, saying current registered platforms are succesful
of dealing with spot transactions beneath their oversight.
🚨 The NYSE, Nasdaq, CBOE, CME, and so forth, 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 moderately than look forward 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.
