SEC and CFTC Open Door to Spot Crypto Trading
From financefeeds.com
The U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) issued a rare joint staff statement on Tuesday clarifying that existing law does not prohibit regulated exchanges from offering spot crypto trading. This includes U.S. national securities exchanges (NSEs), designated contract markets (DCMs), and foreign boards of trade (FBOTs). The statement signals that regulated venues, both domestic and foreign, are free to pursue spot crypto listings—including products with leverage or margin—so long as they comply with transparency, surveillance, and investor protection standards. ...
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