SEC and CFTC Release Statement on Trading Certain Spot Crypto Asset Products

The SEC and Commodity Futures Trading Corporation (CFTC) staffs have released a joint statement on the trading of certain spot crypto asset products. In the statement, the staffs express their view that “SEC- and CFTC- registered exchanges are not prohibited from facilitating the trading of certain spot commodity products.” The statement is part of the staffs’ efforts to promote innovation in the crypto asset markets by coordinating to “to promote trading venue choice and optionality for market participants.”

For more information, see the press release on the SEC’s Web site.