The SEC and the CFTC plan to coordinate the launch of spot crypto asset trading on regulated platforms. This was announced in a joint statement by the agencies.
The initiative aims to strengthen U.S. leadership in blockchain technology.
The regulators stated that current legislation does not prohibit stock and commodity exchanges from listing crypto products.
Coordination between the agencies will provide market participants with more choices of trading companies within the country, according to the statement.
The agencies are ready to promptly review applications from trading platforms. Market participants are encouraged to seek consultations on registration and proposal submissions.
The regulators will address issues related to margin requirements, clearing, and settlements. The agencies are also prepared to discuss market monitoring, public disclosure of trade data, and ensuring fair trading. The goal is to combine technological innovation with investor protection.
The initiative is part of the Project Crypto by the SEC and Crypto Sprint by the CFTC.
SEC Chairman Paul Atkins called the joint statement a “significant step forward.” He emphasized that market participants should have the freedom to choose trading platforms, and the agencies are ready to support innovation.
According to Matthew Sigel of VanEck, platforms like the NYSE, Nasdaq, and CME may soon launch spot trading for Bitcoin, Ethereum, and other assets.
🚨 The NYSE, Nasdaq, CBOE, CME, etc, will soon have spot trading for BTC, ETH, and more. https://t.co/qZo3YsYDQA
— matthew sigel, recovering CFA (@matthew_sigel) September 2, 2025
In August, the CFTC launched an initiative to legalize spot cryptocurrency trading on registered exchanges. Meanwhile, the SEC updated its guidance on stablecoin accounting rules.
Later, Atkins stated that only a few cryptocurrencies are considered securities.