Are the Lines Between TradFi, Crypto Blurring?
In a Joint Staff Statement issued earlier in September, the SEC and CFTC made it clear that national securities exchanges registered with the SEC and those registered with the CFTC are not hindered by current regulations from facilitating the trading of certain spot crypto asset products.
The “Project Crypto-Crypto Sprint,” a joint effort between the SEC and the CFTC, also includes options for financing or leverage. Registered exchanges, including NSEs, DCMs, and FBOTs, are able to facilitate the trading of leveraged, margined, or funded spot crypto asset products.
This collaborative effort aims to clarify regulations and encourage innovation, and enhances the clarity of regulations, expands trading opportunities, and strengthens…
