The US gives the "green light" for crypto spot trading – A historic milestone for the market
The SEC and #CFTC just announced a groundbreaking joint statement: registered exchanges in the US are allowed to implement crypto spot trading, including leveraged and margin products.
Accordingly, the three types of eligible exchanges are NSE (national stock exchange), DCM (designated contract market), and FBOT (international exchange authorized to operate in the US). The two agencies emphasized that the law does not prohibit these exchanges from listing crypto spot products, while encouraging businesses to communicate directly to resolve issues.
This move represents a rare instance where #SEC and the CFTC agree on crypto, paving the way for major exchanges like NYSE, Nasdaq, CBOE, and CME to trade Bitcoin, Ethereum, and many other digital assets alongside stocks and bonds. This could trigger a massive flow of capital from pension funds, banks, and financial institutions into crypto legally.
Experts believe this is a historic step, bringing the US closer to its goal of becoming the global "crypto capital" under President Donald $TRUMP . Although challenges remain regarding oversight and investor protection, this announcement is seen as the biggest boost for the market since the US approved the Bitcoin spot ETF.
⛔ Risk warning: The crypto market is highly volatile, and despite the participation of traditional exchanges, there are still many risks involved. Investors should exercise caution and carefully consider before participating. #anh_ba_cong