U.S. Regulators Pave Way for Approved Crypto Trading on Registered Platforms

The U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have issued a joint statement clarifying that registered trading platforms can facilitate spot crypto transactions with regulatory approval. This marks a significant departure from the previous administration's cautious approach, aligning with President Trump's push to establish the U.S. as a global crypto hub.

Under initiatives like the SEC's "Project Crypto" and the CFTC's "crypto sprint," the agencies are coordinating efforts to enable compliant trading of certain digital assets. The statement explicitly notes that CFTC-registered markets and SEC-registered exchanges are not barred from supporting spot crypto products, inviting firms to engage with regulators for further guidance.