Crypto.com Granted Full Set of CFTC Derivatives Licenses for U.S. Expansion

Crypto.com has received regulatory approval to offer margined derivatives trading on cryptocurrencies and other asset classes in the United States.

The milestone follows an amendment to the company’s designated contract market (DCM) license, enabling the cryptocurrency exchange to hold a full suite of Commodity Futures Trading Commission (CFTC) derivatives licenses.

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Full CFTC Approval

The exchange’s U.S. affiliate, Crypto.com Derivatives North America (CDNA), reportedly now holds all three key derivatives permissions: futures commission merchant (FCM), designated contract market (DCM), and derivatives clearing organization (DCO).

This means the platform can operate a derivatives exchange, act as a clearinghouse Clearing House A clearing house is defined as an intermediary between two parties, a buyer and seller, which helps facilitate the overall process from trade inception to settlement. Clearing houses streamline the exchange of payments, securities, or derivatives transactions.The clearing house is situated between two clearing firms who also helps reduce the risk of either member firm failing to honor their respective trade settlement obligations.Buyers and sellers enter into legally binding agreements for the e A clearing house is defined as an intermediary between two parties, a buyer and seller, which helps facilitate the overall process from trade inception to settlement. Clearing houses streamline the exchange of payments, securities, or derivatives transactions.The clearing house is situated between two clearing firms who also helps reduce the risk of either member firm failing to honor their respective trade settlement obligations.Buyers and sellers enter into legally binding agreements for the e Read this Term, and intermediate trades, all under U.S. regulatory oversight.

The CFTC granted CDNA the amended DCM license alongside approvals for its DCO amendment and FCM registration on September 26, 2025.

“The full stack of CFTC-approved derivatives licences allows Crypto.com to seamlessly provide clients with the most comprehensive and integrated derivatives experience, alongside Crypto.com’s additional product offerings, including spot markets, prediction markets, stocks, qualified custody, credit and debit cards, and more,” said Kris Marszalek, Co-Founder and CEO of Crypto.com.

Until now, CDNA has been limited in offering fully collateralized derivatives through prediction markets. The new authorizations expand its capabilities to include margined derivatives, including perpetual contracts.

Regulatory Process

CDNA filed its request to amend the DCM order in May. As part of the approval process, it reportedly submitted extensive documentation and conducted multiple trading demonstrations for CFTC staff review.

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“CDNA has been building a robust exchange and clearinghouse for multiple products, and we are excited to head to the launch of our margined derivatives using state-of-the-art technology focused on best-in-class risk management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term,” Travis McGhee, the Managing Director, Global Head of Capital Markets of Crypto.com, added.

The company said it aims to integrate these products into its existing platform, which also offers spot trading, prediction markets, custody services, and other financial products. Product availability remains subject to jurisdictional approvals and regulatory requirements.

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