SEC and CFTC to Facilitate Launch of Spot Crypto Markets
The SEC and the CFTC plan to coordinate the launch of spot crypto asset trading on regulated platforms. This was announced in a joint statement by the agencies.
The initiative aims to strengthen U.S. leadership in blockchain technology.
The regulators stated that current legislation does not prohibit stock and commodity exchanges from listing crypto products.
Coordination between the agencies will provide market participants with more choices of trading companies within the country, according to the…