Spot Crypto Trading Gets Major Green Light From US Regulators
In a continued support for crypto, the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have jointly confirmed that registered exchanges can now facilitate spot crypto trading under existing law.
The joint statement, released Tuesday, clarifies that platforms such as the New York Stock Exchange (NYSE), Nasdaq, CBOE, and CME face no legal barriers to listing select digital asset products.
SEC Chair Paul Atkins hailed the move as a turning point, emphasizing that “market participants should have the freedom to choose where they trade spot crypto assets.” CFTC Acting Chair Caroline Pham echoed his sentiment, noting that the era of mixed signals on crypto regulation “is over”.