Regulatory Breakthrough for Crypto Markets

The US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) issued a joint staff statement on Tuesday that clarifies registered exchanges are permitted to facilitate trading of certain spot crypto asset products.

Expanding Investor Options

This announcement represents a coordinated effort to expand trading options for investors while enhancing regulatory alignment between the two agencies. The move signals a major shift in the US regulatory approach to digital assets.

Leadership Perspectives

SEC Chairman Paul Atkins described the decision as "a significant step forward in bringing innovation in the crypto asset markets back to America", emphasizing that investors deserve the freedom to choose their trading venues.

CFTC Acting Chairman Caroline D. Pham reinforced this sentiment, stating that previous administrations had discouraged digital asset innovation but "that chapter is over", marking a new era for crypto regulation in the United States.