The SECURITIES AND EXCHANGE (SEC) commission of the United States and the Commodity Futures Trading Commission (CFTC) jointly published a staff press release reporting a coordinated approach to allow the trading of crypto assets to the United States. This decision follows the recommendations of the president’s working group on Digital active The markets, which underlined the need for regulatory clarity to promote innovation and maintain American leadership in digital financial technology. The joint The Declaration, published by the Division of SEC exchanges and markets and the CFTC compensation and risks division of compensation and risks, specifies that the current law does not prohibit the registered exchanges, including national exchange of values (1).
The declaration stresses that agencies are ready to engage with market players and to support the development of trade in the stock market against these products. This includes examination of deposits, resolution of questions on custody and compensation, and the guarantee that the new markets meet the standards of transparency, surveillance and protection of investors (3). The directives also highlight the importance of collaboration between collaborations and the guards in maintaining customer accounts, and it invites exchanges to engage with one or the other of the agencies for more clarity on trade relations and other operational concerns (1).
One of the main implications of the joint staff declaration is that it removes an important regulatory barrier for national and foreign exchanges. Previously, uncertainty about the applicability of American law to identify cryptographic trading had led several scholarships to operate outside the country. The declaration now claims that the existing law does not prevent regulated exchanges from listing Jamming And Kraken to extend their offers to traditional exchange sites. In addition, recent CFTC directives allow foreign crypto exchanges to legally serve American traders by registering as Fbots, which provides a clear path for international platforms to access American markets (4).
The joint effort between the SEC and the CFTC marks a change in regulatory posture under the Trump administration, moving away from the approach focused on the application of the application of the previous administration. The acting president of the CFTC, Caroline D. Pham, stressed that the directives “open the American markets to the rest of the world” and represents a continuation of efforts to position America as a world leader in cryptographic innovation (4). The initiative is also based on the CFTC CFTC Sprint Sprint and the Crypto of the SEC project, which aim to rationalize regulatory processes and promote the development of the digital asset market (2).
Although the joint press release does not change the existing law, it sends a strong signal to the market that regulators are ready to support the creation of robust and transparent commercial sites against cryptographic assets. It also aligns with wider advocacy efforts, including a coalition of 115 digital asset manufacturers, investors and defenders who recently called on congress to provide federal protections to blockchain developers and non -guardian service providers. The industry coalition highlighted the need for a regulatory framework that deals with blockchain as an infrastructure and avoids imposing traditional financial regulations on developers (5). While the legislative process continues, the joint regulatory approach between the SEC and the CFTC can serve as a basis for greater clarity and innovation in the evolving cryptography market.
Source:
(1) Joint DRA-CFTC declaration (Crypto- …) (https://www.sec.gov/newsroom/speeches-statements/sec-cftc-project-crypto-090225)
(2) The staff of the SEC and the CFTC publishes a joint trade declaration … (https://www.sec.gov/newsroom/press-releases/2025-110-sec-cftc-staff-issue-joir-totament-trading-ter-pot-crypto-ast -products)
(3) American regulators clarify the rules for the trading of punctual cryptography (https://cointelegraph.com/news/us-sec-cftc-joille-gidance-spot-crypto-trading)
(4) CFTC opens American markets to the Crypto exchanges (https://coinmarketcap.com/academy/article/cftc-open-us-s-markets-to-crypto-exchanges)
(5) Crypto Brief – End Tech – United States (
