US regulators, specifically the SEC and CFTC, issued a joint statement indicating that existing laws do not prohibit regulated exchanges from listing spot crypto products. This includes national securities exchanges, designated contract markets, and foreign boards of trade. The statement aligns with recommendations from the President’s Working Group on Digital Asset Markets, which advocated for regulatory clarity to foster blockchain innovation in the U.S. The SEC and CFTC invite market participants to engage with them regarding exchange filings and custody questions, emphasizing the need for transparency and investor protection. Although exchanges like Coinbase and Kraken already provide spot trading, regulators are opening the door for traditional financial venues to explore similar options. Additionally, the agencies clarified that their statement reflects their views and does not change current law, marking a potentially significant step in the regulation of cryptocurrency trading in the United States.

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