Wall Street To Trade Spot Crypto? SEC and CFTC Decision Put XRP, SOL ETFs in Play

The two most powerful U.S. market regulators have teamed up to deliver big news for crypto. The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) issued a joint statement confirming that registered exchanges like the NYSE, Nasdaq, CBOE and CME can now support trading of certain spot crypto assets.

In simple terms, this means Wall Street exchanges can soon allow direct trading of coins such as Bitcoin, Ethereum and likely more. This move now opens the door for other assets such as XRP, SOL, DOGE and others which already have ETF filings pending, to step into the spotlight.

Regulators Finally on the Same Page

For years, crypto companies and investors have struggled with mixed messages from Washington. That confusion now seems to be ending.

SEC Chairman Paul Atkins said the move is a step in bringing crypto innovation back to the United States. He added that traders should be free to choose where...

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