This move in the US crypto regulation landscape points to the removal of outdated rules and a shift toward a simpler and more transparent framework.
The US Commodity Futures Trading Commission has officially withdrawn its long debated guidance on the delivery of digital assets. Acting chair Caroline Pham said the guidance no longer reflects current market realities and creates unnecessary confusion, adding that the decision aims to establish a clearer regulatory foundation.
The withdrawn guidance was published in 2020 and focused on the concept of “actual delivery” for digital assets. Pham noted that the rules were developed under the 2010 Dodd-Frank Act but have become insufficient for today’s crypto markets. The decision was also described as being aligned with recommendations from the Presidential Working Group on Digital Asset Markets.
In recent months, the CFTC has adopted a more constructive stance toward crypto. The agency has launched initiatives to reduce regulatory uncertainty and has taken steps toward approving regulated spot crypto products and derivative instruments. Combined with supportive signals from banking authorities, these developments suggest a more defined and accessible regulatory environment for crypto markets in the United States.
