US SEC and US CFTC jointly declare: Transactions of certain spot cryptocurrencies are not prohibited on registered exchanges in the US

According to Foresight News, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) issued a joint statement, clearly stating that exchanges registered with the SEC and CFTC are not prohibited from providing transactions of certain spot crypto asset products to further promote the SEC's Project Crypto and CFTC's "Crypto Sprint" program. Regulators will "quickly" review requests and answer questions from designated contract markets, the Foreign Trading Commission and national stock exchanges seeking to trade certain spot crypto assets.


"Party participants should have the freedom to choose where to trade spot crypto assets," said SEC Chairman Paul Atkins. "In the last administration, our institutions sent a messy signal on regulation and compliance issues in the digital asset market, but the message was clear: innovation is not welcome. That chapter is over."

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