CFTC Withdraws 2020 Crypto Rules for Market Update

Acting Chairman Caroline D. Pham of the CFTC announced the withdrawal of the 2020 ‘actual delivery’ guidance for virtual currencies on December 11, 2025, in a move to modernize market oversight.

This decision impacts asset trading and collateral practices, aligning with modernization efforts and enhancing access to U.S. markets for cryptocurrencies like Bitcoin, Ethereum, and USDC.

The CFTC announced the withdrawal of its 2020 “actual delivery” guidance on December 11, 2025, aimed at modernizing market oversight.

This decision enhances U.S. crypto market safety and innovation, impacting platforms like Bitnomial and the use of crypto collateral.

CFTC Eliminates 2020 Rules for Crypto Modernization

On December 11, 2025, the CFTC announced the withdrawal of 2020 “actual delivery” guidance to encourage innovation and improve oversight. This change aligns with the President’s Working Group on Digital Asset Markets recommendations, as outlined in their fact sheet.

Acting Chairman Caroline D. Pham emphasized that eliminating outdated regulations is essential for progress: “Eliminating outdated and overly complex guidance that penalizes the crypto industry and stifles innovation is exactly what the Administration has set out to do this year.” The decision affects platforms like Bitnomial and the use of BTC, ETH, and USDC as collateral.

Impact on Trading Platforms and Investor Confidence

The withdrawal impacts the regulatory landscape, facilitating the growth of crypto markets and enabling new trading options. Platforms like Bitnomial benefit from expanded spot Bitcoin trading capabilities.

This move signifies a shift towards a more flexible regulatory environment, potentially boosting investor confidence and market participation. The focus is on the safety and accessibility of U.S. markets.

Regulatory Shifts and Future Crypto Integration

Similar past actions include withdrawing rules restricting crypto as customer collateral. The GENIUS Act and tokenization trends have paved the way for such regulatory updates.

Experts suggest this approach could lead to increased crypto adoption and integration in traditional finance, as reflected in the Digital Assets Report. It reflects the CFTC’s commitment to modernizing regulations in line with current market dynamics.