The U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) staff have issued a Joint Statement clarifying that exchanges registered with either agency may facilitate the trading of certain spot commodity crypto asset products. The statement reflects coordinated efforts by the SEC’s Division of Trading and Markets and the CFTC’s Divisions of Market Oversight and Clearing and Risk to expand market options and promote competition in the digital asset sector.
This initiative builds on the SEC’s “Project Crypto” and the CFTC’s “Crypto Sprint,” following recommendations from the President’s Working Group on Digital Asset Markets. The agencies stated they stand ready to engage with market participants to support exchange-based trading of approved spot crypto products.
SEC Chairman Paul Atkins said, “Today’s joint staff statement represents a significant step forward in bringing innovation in the crypto asset markets back to America. Market participants should have the freedom to choose where they trade spot crypto assets.” CFTC Acting Chairman Caroline D. Pham added, “Under the prior administration, our agencies sent mixed signals about regulation and compliance in digital asset markets, but the message was clear: innovation was not welcome. That chapter is over.” Both agencies emphasized their commitment to supporting growth, competition, and transparent oversight in the U.S. crypto marketplace.
