Overview

• A joint staff statement from the SEC and CFTC says registered U.S. venues may list certain spot crypto asset products if they satisfy existing requirements.
• Staff invited filings from national securities exchanges, designated contract markets, and foreign boards of trade for review and engagement.
• Operational expectations include margining, clearing and settlement arrangements, public dissemination of trade data, and fair and orderly market practices.
• The statement does not name specific cryptocurrencies, referring only to “certain” spot products and leaving asset eligibility to forthcoming submissions.
• Agency leaders framed the move as a major step toward supporting U.S. crypto markets, building on Project Crypto and the CFTC’s Crypto Sprint, while industry observers expect major exchanges may seek spot listings for bitcoin and ether.