SEC and CFTC Collaborate: Greenlight for Cryptocurrency Trading on Major U.S. Exchanges

In a significant development, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have issued a joint statement clarifying that registered exchanges are permitted to facilitate trading of certain spot commodity products. This landmark decision solidifies the regulatory status of crypto assets as commodities rather than securities, paving the way for wider adoption and new services in the U.S. market.