Key Highlights
- U.S. SEC and CFTC release joint statement on ongoing legislative efforts to create “regulatory harmonization” in the cryptocurrency market
- SEC and CFTC will conduct a joint roundtable to be held on Sept. 29, 2025
- This announcement comes after Tuesday’s joint staff statement on spot crypto asset products
On September 5, the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission (CFTC) released a joint statement to highlight ongoing legislative efforts for “regulatory harmonization” in the cryptocurrency market.
(Source: SolanaFloor on X)
In the same statement, they have also announced that both agencies will host a joint roundtable to be held on Sept. 29, 2025.
These statement comes right after the SEC and CFTC announced a cross-agency initiative in furtherance of the SEC’s Project Crypto and the CFTC’s Crypto Sprint to coordinate efforts regarding the process for enabling the trading of certain spot crypto asset products.
SEC Chairman Paul S. Atkins and CFTC Acting Chairman Caroline D. Pham said in the joint statement, “It is a new day at the SEC and the CFTC, and today we begin a long-awaited journey to provide markets the clarity they deserve. By working in lockstep, our two agencies can harness our nation’s unique regulatory structure into a source of strength for market participants, investors, and all Americans.
“Tuesday’s joint staff statement on spot crypto asset products is only a first step. The extent possible and appropriate in the public interest under existing statutes, our respective agencies should consider harmonizing product and venue definitions; streamlining reporting and data standards; aligning capital and margin frameworks; and standing up coordinated innovation exemptions using each agency’s existing exemptive authority,” they said.
CFTC and SEC Staff’s Statement on Trading of Certain Spot Crypto Asset Products
On September 2, two major U.S. financial regulators, the SEC and the CFTC, made a joint announcement. They clarified that regulated trading platforms are allowed to buy and sell certain types of cryptocurrency products.
This means official exchanges, like the ones that trade stocks or commodities, can now offer direct “spot” trading of crypto if they follow the rules.
This announcement is not a new law. Instead, it provides clarity on existing rules, confirming that nothing in current regulations prevents these exchanges from listing these crypto products.
The main purpose behind this initiative is to bring more crypto trading onto regulated platforms, which are supervised for fairness and transparency, rather than having it happen on unregulated sites. This will protect investors and traders from any unfortunate event.
The statement covers spot crypto assets, which are cryptocurrencies bought and sold for immediate delivery at the current market price. It also includes more complex versions of these trades that use leverage or margin.
This is part of a bigger, coordinated effort between the two agencies to create clear and consistent rules for the crypto market and to encourage blockchain innovation in the United States.
The move is seen as a major policy shift towards supporting the crypto industry. It could lead to large, well-known exchanges like the Nasdaq or CME starting to offer spot crypto trading.
This would make it easier and safer for big institutional investors to get involved, helping the U.S. become a leader in the global crypto market. The agencies stressed that any exchange doing this must have strong systems in place to clear trades, monitor for fraud, and protect investors.
Leadership from both agencies expressed strong support for this new direction. They stated that the era of mixed messages and discouraging innovation is over. Their goal is to foster competition and welcome new technology.
For companies that want to start offering these products, the regulators are ready to work with them and will quickly review any applications.
These regulatory efforts show that the U.S. is leaning towards crypto-friendly regulations to complete the dream of the U.S. President to make America a crypto capital.