Page 20 - 期貨和衍生品行業(yè)監(jiān)管動態(tài)（2025年8月）
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期貨和衍生品行業(yè)監(jiān)管動態(tài)
作。CFTC 當前可實施一個明確而簡單的解決方案——《美國商品交易法》現(xiàn)行
規(guī)定要求，以保證金、杠桿或融資方式進行的商品零售交易必須在指定合約市場
上進行。即日起，我們邀請所有利益相關方共同參與，就如何運用現(xiàn)有監(jiān)管權限
在指定合約市場上市現(xiàn)貨加密貨幣資產(chǎn)合約提供監(jiān)管明確性，正如我自 2022 年
以來持續(xù)倡議的方案。攜手共進，我們將使美國成為全球加密資本中心。”
CFTC 邀請所有相關利益方就指定合約市場上市現(xiàn)貨加密貨幣資產(chǎn)合約提
交反饋建議，包括：《美國商品交易法》第 2(c)(2)(D)條、CFTC 聯(lián)邦法規(guī)第 40
部分、以及根據(jù)證券法律法規(guī)對屬于投資合約組成部分的非證券資產(chǎn)交易在 SEC
框架下可能產(chǎn)生的影響。
公眾可于 8 月 18 日前通過 CFTC 官網(wǎng)提交書面意見，所有反饋意見將在
CFTC.gov 公布。更多詳情請參閱提交指南。
Acting Chairman Pham Launches Listed Spot Crypto Trading Initiative
(2025/8/4)
Stakeholders Invited to Provide Public Input by August 18
Commodity Futures Trading Commission Acting Chairman Caroline D. Pham
announced today the CFTC will launch an initiative for trading spot crypto asset
contracts that are listed on a CFTC-registered futures exchange (designated contract
market or DCM). This is the first initiative in the CFTC’s crypto sprint to start
implementation of the recommendations in the President’s Working Group on Digital
Asset Markets report. Acting Chairman Pham announced CFTC’s crypto sprint last
week. [See CFTC Press Release No. 9104-25]
“Under President Trump’s strong leadership and vision, the CFTC is full speed
ahead on enabling immediate trading of digital assets at the Federal level in
coordination with the SEC’s Project Crypto,” said Acting Chairman Pham. “There is a
clear and simple solution the CFTC can implement now. The Commodity Exchange
Act currently requires that retail trading of commodities with leverage, margin, or
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