SEC & CFTC Unveil Pathway for Spot Crypto Trading on Regulated Exchanges

The US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have jointly clarified their stance on spot crypto trading, opening the door for regulated exchanges to offer such services. This landmark announcement applies to U.S. national securities exchanges (NSEs), designated contract markets (DCMs), and foreign boards of trade (FBOTs). The move signals that these venues can pursue spot crypto listings, including products with leverage or margin, as long as they adhere to transparency, surveillance, and investor protection standards.