– CFTC initiates public consultation on regulating spot crypto contracts under Trump’s 18-point crypto policy framework.
– Proposed rules would align spot crypto trading with futures-style contracts under the Commodity Exchange Act to enhance oversight and investor protection.
– The Working Group recommends refining crypto commodity classifications, improving DeFi registration, and coordinating with SEC’s Project Crypto to reduce regulatory fragmentation.
– Public feedback closes August 18, 2025, with potential to establish formal frameworks amid leadership vacancies and delayed nominations.