SEC and CFTC Don Show Framework for Spot Crypto Trading

For one joint announcement for September 3, di US Securities and Exchange Commission (SEC) plus di Commodity Futures Trading Commission (CFTC) don come together put for one framework wey go control spot crypto trading for both SEC registered national securities exchanges plus CFTC designated contract markets. President’s Working Group dey support am and e form part of SEC’s Project Crypto and CFTC’s Crypto Sprint. Di collaboration wan make regulatory oversight easier, reduce stopping each other work, and make market surveillance, clearing, and data transparency beta. Platforms like CME, NYSE, Nasdaq, and CBOE fit now list and trade spot contracts for main digital assets like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). SEC Chair Paul Atkins and Acting CFTC Chair Caroline Pham talk say dis framework go open market more and make innovation sweet for both institutional and retail investors. Regulators dey invite exchanges and trading venues to work together on compliance guidance and execution under the new spot crypto trading framework.