SEC and CFTC Clarify Stance on Spot Crypto Trading for Registered Exchanges
In a landmark move, staff from both the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) issued a joint statement affirming that registered exchanges under their purview are not barred from facilitating spot crypto asset trading. The announcement marks a decisive shift toward regulatory clarity in digital asset markets.
"Today's statement represents a significant step forward in bringing crypto innovation back to American shores," said SEC Chairman Paul Atkins. The coordinated effort underscores a commitment to fostering trading venue choice while maintaining robust oversight—a stark contrast to previous administrations' fragmented approach.
CFTC Acting Chairman Caroline D. Pham framed the development as part of a broader push to establish U.S. leadership in crypto markets: "By aligning our frameworks, we're empowering domestic innovation while building on President Trump's vision for America to become the global crypto capital."