Crypto.com Wins CFTC Approval to Offer Margined Crypto Derivatives in the US

￰1￱ has secured approval from the Commodity Futures Trading Commission (CFTC) to offer margined derivatives, including on cryptocurrencies, through its affiliate ￰2￱ | Derivatives North America (CDNA). Key Takeaways: ￰3￱ has received CFTC approval to offer cleared margined derivatives through its affiliate ￰4￱ US subsidiary, ￰5￱ | FCM, is now a registered Futures Commission Merchant with the ￰6￱ approvals position ￰7￱ to launch a fully regulated, leveraged derivatives platform for both retail and institutional clients in the ￰8￱ to a recent statement , CDNA, already a CFTC-registered exchange and clearinghouse, has been granted an amended Derivatives Clearing Organization (DCO) ￰9￱ enables the firm to offer cleared margined derivatives across crypto and other asset classes, expanding beyond its previous authorization to provide fully collateralized products through prediction ￰10￱ Gains FCM Approval from NFA for US Derivatives Market Entry In addition, Foris DAX FCM LLC, operating as ￰11￱ | FCM, has been approved as a Futures Commission Merchant (FCM) by the National Futures ￰12￱ allows ￰13￱ to act as an intermediary for both retail and institutional clients in the ￰14￱ market.

“We will soon bring regulated, leveraged derivatives to retail customers in the ￰15￱ one interface,” said ￰16￱ CEO and co-founder Kris Marszalek. “This is a significant step in delivering a full-stack derivatives platform under ￰17￱ oversight.” Marszalek credited Acting CFTC Chair Caroline Pham for accelerating the approval process, stating, “We sincerely appreciate the partnership with Acting Chairman Pham and the CFTC, who are working hard to carry out the crypto agenda of President Trump.” Another significant milestone for @cryptocom as we have received approval from the @CFTC for derivatives licenses in the United States for margined ￰18￱ more here ￰0￱ — ￰19￱ (@cryptocom) September 27, 2025 The amended DCO application was submitted in June 2024, following discussions with CFTC staff that began in ￰20￱ approval process involved documentation reviews and technical demonstrations of CDNA’s trading and clearing ￰21￱ FCM application was submitted earlier in April 2022 and underwent a similar review by NFA staff.

“Today’s approvals are proof that Acting Chairman Pham is delivering in real-time on President Donald J. Trump’s pledge,” said Steve Humenik, Head of Clearing at ￰22￱ Lundgren, Chief Legal Officer of Crypto. com, said the move is part of the company’s broader push to become “the most regulated financial services platform in the world.” Travis McGhee, Global Head of Capital Markets, added that CDNA is building a next-generation clearinghouse with a focus on risk management and ￰23￱ Expands Digital Asset Advisory Roles, Links Efforts to New Crypto Bill The CFTC recently added new members to its Global Markets Advisory Committee (GMAC) and Digital Asset Markets Subcommittee (DAMS), showing its effort to bring industry expertise into digital asset ￰24￱ appointees to DAMS include Katherine Minarik of Uniswap Labs, Avery Ching of Aptos Labs, James ￰25￱ of BNY, and Ben Sherwin of Chainlink Labs, figures with backgrounds in blockchain infrastructure, legal policy, and institutional crypto strategy.

JPMorgan’s Scott Lucas will now co-chair the group alongside Franklin Templeton’s Sandy Kaul, replacing Caroline ￰26￱ stressed the importance of “clear and effective regulatory frameworks,” while Kaul pointed to consumer protection as a key ￰27￱ advises the CFTC on blockchain, tokenization, and decentralized finance, helping the agency assess risks and align oversight across financial markets.