The CFTC has approved spot cryptocurrency trading on futures exchanges, strengthening the regulatory framework for digital assets.

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According to a TechFlow report on December 5th, the U.S. Commodity Futures Trading Commission (CFTC) announced on Thursday that it will allow spot cryptocurrency products to be traded on registered futures exchanges for the first time.

"For the first time, spot cryptocurrencies can now be traded on a CFTC-registered exchange with nearly a century of gold standards, providing Americans with the customer protection and market integrity they deserve," said CFTC Acting Chairwoman Caroline Pham in a statement.

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