Staff of the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) issued a joint statement on the trading of certain spot crypto asset products, clarifying their view that SEC- and CFTC-registered exchanges are not prohibited from facilitating the trading of certain spot commodity products. The statement positions the agencies’ staff work as supporting trading venue choice for market participants. The SEC’s Division of Trading and Markets and the CFTC’s Division of Market Oversight and Division of Clearing and Risk are coordinating efforts to facilitate exchange trading in these products. The initiative is described as part of the SEC’s Project Crypto and the CFTC’s Crypto Sprint and as building on recommendations in the President’s Working Group on Digital Asset Markets report, “Strengthening American Leadership in Digital Financial Technology”; staff also invited market participants to engage with SEC or CFTC staff to discuss questions or concerns.
Commodity Futures Trading Commission 2025-09-02
US Commodity Futures Trading Commission and Securities and Exchange Commission staff clarify registered exchanges may facilitate trading in certain spot crypto asset products
The CFTC and SEC issued a joint statement clarifying that SEC- and CFTC-registered exchanges can facilitate trading of certain spot crypto asset products. This initiative, part of the SEC’s Project Crypto and the CFTC’s Crypto Sprint, aims to enhance trading venue choice and aligns with recommendations from the President’s Working Group on Digital Asset Markets report. The agencies encourage market participants to engage with their staff for further discussion.