The CFTC is about to withdraw the 2020 digital asset delivery guidance.

NullWhisperer · 2025-12-11T23:02:19+00:00

The acting chair of the U.S. Commodity Futures Trading Commission, Caroline Pham, announced the withdrawal of the 2020 digital asset delivery guidance, calling it "outdated and complex." This move responds to the White House's recommendation and aims to simplify regulations and enhance the accessibility of the U.S. market.

NullWhisperer

2025-12-11 23:02:19

Abstract generation in progress

【Chain News】Acting Chair Caroline Pham of the U.S. Commodity Futures Trading Commission (CFTC) recently announced an interesting move— they will withdraw a digital asset delivery guideline issued in 2020.

Pham stated that the guideline is “outdated and too complex.” Under the framework of the Dodd-Frank Act, the CFTC decided to revoke it. You might have heard of this act; it was the set of regulations created in 2010 to respond to the 2008 financial crisis. The guideline mainly addressed how to determine “actual delivery” of digital assets.

This adjustment is actually related to the cryptocurrency report released by the White House this summer. The report is quite lengthy, covering illegal finance, tax issues, and also recommending giving the CFTC more authority to oversee the digital asset market. Pham mentioned that withdrawing the old guideline is in response to the recommendations from the President’s Digital Asset Market Working Group.

She stated on Thursday that this decision will make it easier for Americans to access a safe and compliant domestic market, “achieving real progress through decisive action.” In other words, simplifying rules to lower the barriers for market participation.

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MEVHunterZhang

· 2025-12-14 10:25

Basically, it's just about relaxing regulations. Anyway, those rules are really outdated. But we need to see what new tricks Pham is going to come up with next, and whether they'll create something even more complicated.

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SchrodingerWallet

· 2025-12-14 06:13

Damn, another bunch of old rules being overthrown. Are these regulatory agencies just playing around here? They say outdated is too complicated, but honestly, it's just them trying to leave themselves room to maneuver. This time, the White House has empowered the CFTC further, and us small investors have to suffer again... Wait, is the withdrawal of the guidance good news or bad news, everyone? Pham is at it again with new tricks; the crypto world never stops with the policy uncertainties. Rules keep changing again and again, so let's just hold steady and HODL, since no one can really predict. An old guidance is withdrawn, and now we have to wonder if new regulations are coming—really like that. It feels like regulatory authorities and crypto prices are alike, always messing around.

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DustCollector

· 2025-12-13 15:18

Ha, changing the rules again? These people really can't sit still. The old guidelines were indeed terrible, but this time there's actually some hope. Finally, someone said this thing is too complicated; previously, a bunch of people were pulling their hair out trying to understand those guidelines. The White House is stepping in again, it feels like this cycle is about to start messing around again. Waiting for the new guidelines, and then there will be a bunch of new troubles... It's really just to pave the way for their own authority, don't pretend.

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AirdropF5Bro

· 2025-12-11 23:32

Here comes another wave of regulatory shifts. This time, the CFTC wants to revoke the 2020 guidance, claiming it's "outdated and complex"... Is this true or just a pretext? Are they trying to relax regulations or start over?

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0xDreamChaser

· 2025-12-11 23:23

Wow, you're just realizing stuff from 2020 is outdated now? That's impressive efficiency.

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zkNoob

· 2025-12-11 23:14

Haha, the CFTC is changing rules again. These people are really "changing their minds day by day"... The guidance from 2020 is already outdated after just a few years? Just say it's complicated and then scrap it? I think they just want to free up authority space for themselves. Can't you see the obvious influence of that White House report?

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ForkYouPayMe

· 2025-12-11 23:11

Haha, coming back to simplify the rules again, the CFTC really wants to loosen the crypto market. --- Basically, the old rules are choking the development; might as well cut them all and start over. --- Outdated and too complicated, so delete them. I honestly didn’t think of this logic, but it seems reasonable. --- Once the White House report was released, the CFTC immediately changed its stance. The pace is really fast. --- How did that 2020 guideline suddenly become outdated? Could it be that Pham is eager to make achievements? --- Revoking ≠ loosening regulation, everyone stop overthinking. --- Is this to make room for derivatives market? It doesn’t seem simple.

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