#RedSeptember

🚨The Securities and Exchange Commission (SEC) and the CFTC issued a joint statement as part of Project Crypto-Crypto Sprint, explaining their coordination to facilitate the trading of certain spot crypto products and provide regulatory clarity for exchanges.

📢 Important details:

1️⃣•The goal of the project is to facilitate trading and reduce legal risks on crypto platforms.

2️⃣•The statement indicates that the two agencies will work together to develop clear guidelines for companies and exchanges.

3️⃣•This step could help attract greater investment and improve trader confidence in the market.

4️⃣•Some sources expect this coordination to be the beginning of more comprehensive regulatory measures for spot cryptocurrencies.

#SEC #CFTCCriptoSprint #SpotTrading. #ProjectLegal