Global Regulators Advance Crypto Frameworks: US Eyes Leveraged Trading, UK Consults on Stablecoins
Global Regulators Advance Crypto Frameworks: US Eyes Leveraged Trading, UK Consults on Stablecoins
Major financial regulators are taking significant steps to formalize the cryptocurrency landscape. In the US, interim CFTC chief Caroline Pham has confirmed a push to greenlight leveraged spot crypto trading, potentially by next month. Concurrently, the Bank of England has initiated a public consultation on its stablecoin framework, targeting final rules for implementation in late 2026. Both developments underscore a global trend towards integrating and regulating digital assets within traditional financial systems.
US CFTC Explores Leveraged Crypto Trading
Interim CFTC chief Caroline Pham confirmed plans to greenlight leveraged spot crypto trading in the US as early as next month following talks with regulated exchanges. This move signifies a potential expansion of regulated crypto financial products within the American market, reflecting ongoing efforts to integrate digital assets into the established financial system.
Bank of England Consults on Stablecoin Regulation
The Bank of England has launched a consultation process on its proposed stablecoin framework, inviting industry feedback. The central bank aims to finalize these crucial rules by the second half of 2026. This initiative highlights the increasing global focus on regulating stablecoins to ensure financial stability and consumer protection within the rapidly evolving digital currency landscape.