SEC & CFTC staff just issued a joint statement clarifying that SEC and CFTC-registered exchanges are not prohibited from facilitating the trading of certain spot crypto asset products.

SEC Chair Paul Atkins said: “Market participants should have the freedom to choose where they trade spot crypto assets.”

CFTC Acting Chair Caroline Pham said: “Under the prior administration, our agencies sent mixed signals about regulation and compliance in digital asset markets, but the message was clear: innovation was not welcome. That chapter is over.”

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