
{"id":93343,"date":"2025-09-03T08:04:25","date_gmt":"2025-09-03T08:04:25","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=93343"},"modified":"2025-09-03T08:04:25","modified_gmt":"2025-09-03T08:04:25","slug":"sec-and-cftc-unite-green-light-for-crypto-on-the-worlds-biggest-venues","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=93343","title":{"rendered":"SEC and CFTC Unite: Green Light for Crypto on the World\u2019s Biggest Venues"},"content":{"rendered":"<p>Staff of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) issued a joint statement on Tuesday clarifying that registered exchanges \u201care not prohibited from facilitating the trading of certain spot commodity products.\u201d<\/p>\n<p>The move solidifies crypto assets as commodities, not securities, and opens the doors for more crypto-related products and services to be offered in the United States.<\/p>\n<p>\u201cToday\u2019s joint staff statement represents a significant step forward in bringing innovation in the crypto asset markets back to America,\u201d <a href=\"https:\/\/www.sec.gov\/newsroom\/press-releases\/2025-110-sec-cftc-staff-issue-joint-statement-trading-certain-spot-crypto-asset-products\" target=\"_blank\" rel=\"noopener\">said<\/a> SEC Chairman Paul Atkins.<\/p>\n<p>Today the SEC and <a href=\"https:\/\/twitter.com\/CFTC?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@CFTC<\/a> issued a Joint Statement clarifying staff\u2019s views that SEC- and CFTC- registered exchanges are not prohibited from facilitating the trading of certain spot commodity products: <a href=\"https:\/\/t.co\/stsgiQTXjf\" target=\"_blank\" rel=\"noopener\">https:\/\/t.co\/stsgiQTXjf<\/a><\/p>\n<p>\u2014 U.S. Securities and Exchange Commission (@SECGov) <a href=\"https:\/\/twitter.com\/SECGov\/status\/1962984029428617495?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">September 2, 2025<\/a><\/p>\n\n<h2>Crypto Trading Going Mainstream<\/h2>\n<p>NovaDius Wealth Management President Nate Geraci <a href=\"https:\/\/twitter.com\/NateGeraci\/status\/1963053518245564835\" target=\"_blank\" rel=\"noopener\">said<\/a> that the main takeaway was \u201ccrypto trading going mainstream,\u201d because it will be on the \u201cworld\u2019s largest venues,\u201d such as the NYSE and Nasdaq.<\/p>\n<p>\u201cNext stop after that? Every major traditional brokerage. I know you\u2019re paying attention now.\u201d<\/p>\n<p>Atkins went on to state that market participants should have the \u201cfreedom to choose where they trade spot crypto assets,\u201d adding that the Commission is committed to working with the CFTC to \u201censure that our regulatory frameworks support innovation and competition in these rapidly evolving markets.\u201d<\/p>\n<p>Meanwhile, CFTC Acting Chairman Caroline Pham emphasized that this marks a departure from previous \u201cmixed signals\u201d that discouraged innovation. \u201cThe message was clear: innovation was not welcome,\u201d she said before adding, \u201cThat chapter is over.\u201d<\/p>\n<p>\u201cToday\u2019s joint agency statement is the latest demonstration of our mutual objective of supporting growth and development in these markets, but it will not be the last.\u201d<\/p>\n<p>The statement builds on the SEC\u2019s <a href=\"https:\/\/cryptopotato.com\/new-hope-for-tokenized-crypto-projects-the-sec-releases-its-new-guidance-for-digital-assets\/\">Project Crypto<\/a> and CFTC\u2019s Crypto Sprint programs, with both agencies inviting market participants to engage with staff on implementation questions.<\/p>\n<p>Last week, the CFTC\u2019s Division of Market Oversight <a href=\"https:\/\/cryptopotato.com\/cftc-opens-doors-for-americans-to-trade-on-non-us-crypto-exchanges\/\">issued an advisory<\/a> stating that U.S.-based users can now trade on non-U.S. crypto exchanges.<\/p>\n<h2>No Reaction From Markets<\/h2>\n<p>There was a minor spike in crypto markets with total capitalization up marginally to $3.91 trillion. However, these overwhelming bullish statements from US regulators have failed to make much of an impact recently.<\/p>\n<p>Bitcoin had reclaimed $111,000 as it continues to recover this week, but Ethereum had <a href=\"https:\/\/cryptopotato.com\/september-correction-could-send-eth-back-to-3500-analyst\/\">declined further<\/a>, falling to $4,300 as it cools from its epic rally. Altcoins were generally in the green today with larger gains for Solana and Bitcoin Cash.<\/p>\n<p>Most analysts agree that markets are also cooling from recent highs and resetting before the bull market continues in the fourth quarter of this year, partly driven by a Federal Reserve rate cut, which is now highly expected.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/sec-and-cftc-unite-green-light-for-crypto-on-the-worlds-biggest-venues\/\">SEC and CFTC Unite: Green Light for Crypto on the World\u2019s Biggest Venues<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Staff of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) issued a joint statement on Tuesday clarifying that registered exchanges \u201care not prohibited from facilitating the trading of certain spot commodity products.\u201d The move solidifies crypto assets as commodities, not securities, and opens the doors for more crypto-related products and [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":93344,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-93343","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/93343"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=93343"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/93343\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/93344"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=93343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=93343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=93343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}