ManuelRD
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Bearish
#SECxCFTCCryptoCollab
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Joint statement from the SEC and CFTC opens the season for spot crypto asset products.
The SEC's Division of Trading and Markets and the CFTC's Division of Market Oversight are collaborating to remove barriers to trading certain spot crypto asset products.
The initiative will focus on providing guidance for the listing of leveraged, margin, or financed retail transactions of spot commodities involving digital assets.
The announcement comes weeks after the CFTC stated it would allow the trading of spot cryptocurrency contracts on federally regulated exchanges under its new "Crypto Sprint".
The SEC and CFTC indicate a synergy between both agencies, recommending that current law does not prohibit SEC-registered or CFTC-registered exchanges from facilitating the trading of these spot crypto asset products.
$BNB
$SOL
🚨🔥🚨🔥🚨🔥🚨🔥
Joint statement from the SEC and CFTC opens the season for spot crypto asset products.
The SEC's Division of Trading and Markets and the CFTC's Division of Market Oversight are collaborating to remove barriers to trading certain spot crypto asset products.
The initiative will focus on providing guidance for the listing of leveraged, margin, or financed retail transactions of spot commodities involving digital assets.
The announcement comes weeks after the CFTC stated it would allow the trading of spot cryptocurrency contracts on federally regulated exchanges under its new "Crypto Sprint".
The SEC and CFTC indicate a synergy between both agencies, recommending that current law does not prohibit SEC-registered or CFTC-registered exchanges from facilitating the trading of these spot crypto asset products.
$BNB
$SOL
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