U.S. CFTC's Pham Moves for Do-Over on 'Actual Delivery' Guidance on Crypto

U.S. CFTC's Pham Moves for Do-Over on 'Actual Delivery' Guidance on Crypto

In what are likely her final days at the agency, the acting chairman checked another box from President Donald Trump's crypto agenda.

Crypto Has Changed — CFTC Withdraws Years-Old Virtual Currency Rules

The Commodity Futures Trading Commission announced on Dec. 11, 2025 that it has withdrawn its 2020 interpretive guidance on when a crypto trade counts as “actual delivery,” a move the agency said responds to major changes in crypto markets and trading practices. According to the CFTC press release, Acting Chairman Caroline D. Pham called the guidance “outdated and overly complex” and said removing it will help promote access to safer US markets.…

CFTC signals crypto reset, scraps 28-day delivery rule – Here’s why

Acting Chair Pham’s rule changes dismantle barriers that once classified many crypto trades as futures, opening door to new retail products.

CFTC Withdraws 2020 Crypto Guidance: Exchanges Gain Freedom

The CFTC crypto guidance withdrawal marks an important shift in U.S. regulations for digital assets. It provides cryptocurrency exchanges with greater freedom to manage transactions and offer services like margin and leverage.  Experts say this move reflects a more supportive and market-friendly approach by U.S. authorities. Traders and analysts view it as a significant step toward modernizing rules while maintaining proper oversight and protect…

CFTC pulls ‘actual delivery’ crypto guidance, giving flexibility to exchanges

CFTC Acting Chair Caroline Pham says her agency has withdrawn “outdated guidance” related to how crypto is delivered in transactions.

CFTC withdraws old crypto rules to modernize market oversight

The Commodity Futures Trading Commission (CFTC) recently decided to withdraw outdated and overly complicated guidelines regarding the delivery of digital assets. Caroline Pham, the acting Chair and commissioner of CFTC, hinted at this decision. In a statement dated Thursday, December 11, Pham mentioned that the CFTC will reverse guidelines from 2020 that follow the Dodd-Frank Act, a federal regulation established in 2010 to address issues raised…