SEC and CFTC Approve Spot Crypto Trading on US Exchanges

The U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have granted regulated U.S. exchanges permission to list and trade specific cryptocurrencies, marking a significant shift for the crypto market. Major exchanges like NYSE and Nasdaq are now empowered to offer spot trading of assets such as Bitcoin and Ethereum, with increased institutional participation expected.