LATEST: U.S. Regulators SEC And CFTC Unite To Approve Spot Crypto Trading Rules

Crypto assets have received a major boost as the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) jointly announced that registered U.S. trading platforms may now facilitate certain spot crypto transactions. The agencies emphasized that exchanges under SEC and CFTC oversight can move forward with digital asset trading under existing rules.

This marks a sharp shift from earlier caution, as leaders appointed under President Donald Trump push to integrate crypto into the mainstream financial system. SEC Chairman Paul Atkins said market participants should be free to choose their trading venues, while CFTC Acting Chair Caroline Pham called the announcement “a strong step toward growth and development” in crypto markets.

Both regulators highlighted ongoing initiatives—Project Crypto at the SEC and the CFTC’s “crypto sprint”—aimed at building a regulatory framework. Congress is also working on broader crypto legislation, but with regulators clearing a path, digital assets may soon see wider acceptance in U.S. markets.

Source

29.8K Reads