Regulation & Institutions

Commodity Futures Trading Commission (CFTC)

Also: CFTC

The US regulator of commodity and derivatives markets. It treats bitcoin and ether as commodities, oversees crypto futures, and since December 2025 has allowed spot crypto trading on its registered exchanges. Its authority over spot markets rests on agency action rather than a new law, and Congress has not settled it.

General education, not investment, legal or tax advice. Markets and regulation change quickly: where a definition depends on current law or on a recent event, check the latest coverage before relying on it.