The SEC and CFTC of the United States issued a joint statement, indicating that it is not prohibited for registered exchanges in the U.S. to offer trading of certain Spot Crypto Assets.

On September 3, the staff of the SEC and the CFTC just issued a joint statement, clearly stating that exchanges registered with the SEC and CFTC are not prohibited from offering trading of certain Spot encryption asset products. SEC Chairman Paul Atkins stated, "Market participants should have the freedom to choose where to trade Spot encryption assets." CFTC Acting Chair Caroline Pham stated, "During the previous administration, our agency sent mixed signals regarding the regulation and Compliance of the digital asset market, but the message was clear: innovation was not welcome. That chapter is over." This move marks an important step forward for the two major agencies' 'Project Crypto' and 'Crypto Sprint' initiatives, aimed at coordinating regulation while expanding the choices and flexibility of trading venues for U.S. market participants.