U.S. SEC and CFTC Unite to Greenlight Registered Firms’ Spot Crypto Trading

Regulatory walls crumble as Washington's top watchdogs join forces—clearing the path for institutional crypto adoption.
The New Framework
Forget jurisdictional squabbles. The SEC and CFTC just drafted a unified playbook that lets registered firms trade spot cryptocurrencies without regulatory whiplash. No more guessing which agency governs which token—they've finally synchronized their rulebooks.
Why It Matters
This isn't just paperwork. It’s a seismic shift that legitimizes crypto for Wall Street’s heaviest hitters. Firms once sidelined by compliance nightmares now get a clear runway—while the agencies score points for 'innovation-friendly' regulation (just don’t ask about the decade it took).
The Bottom Line
Watch liquidity surge as institutional money floods into spot markets. Finally, a coherent framework—though cynics might say it only happened because regulators realized they were missing out on taxing the profits. Classic finance: slow to adapt, quick to claim credit.