SEC And CFTC’s New Joint Crypto Initiative–What You Need To Know
On Tuesday, the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) issued a significant joint statement that clarifies the regulatory landscape for spot crypto products.
Spot Crypto Trading Regulations
The statement stems from a collaborative initiative between the SEC’s Division of Trading and Markets and the CFTC’s Divisions of Market Oversight and Clearing and Risk as part of the SEC’s Project Crypto and the CFTC’s Crypto Sprint, aimed at streamlining the trading of specific spot crypto asset products.
The collaboration aligns with recommendations from the President’s Working Group on Digital Asset Markets, which advocates for a coordinated regulatory approach to ensure that…
