Regulatory divisions will now engage with exchanges seeking to list crypto.
US agencies clarify crypto rules as UK regulators maintain a more cautious stance.
Staff from two U.S. financial agencies issued a joint
statement yesterday (Tuesday). The statement came from the Securities and
Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
The statement clarifies the staff's view on trading specific
crypto products. It notes that exchanges registered with the SEC or CFTC are
not banned from facilitating trades in certain spot commodity products,
including some crypto assets.
By contrast, UK regulators have taken a more cautious
approach. Retail access to spot crypto trading remains limited, and no
comprehensive framework exists for mainstream exchange listings, although the
FCA is proposing to lift the ban on crypto exchange-traded notes.
Industry Reaction
Nick Jones, Zumo’s Founder and CEO, Source: LinkedIn
Commenting on the announcement, Zumo’s Founder and CEO Nick
Jones said: “It’s only right that market participants have the freedom to
choose where they trade spot crypto assets – and now they will have access to
some of the world’s largest venues, such as the NYSE and Nasdaq.”
He added: “It’s yet another example of the US deliberately
and proactively embedding crypto in the mainstream while cementing its
leadership in an industry that will come to redefine financial services.”
Jones contrasted the U.S. approach with other major
economies: “While UK legislators and regulators shy around taking any proactive
crypto position, it's a reminder that those unashamed to demonstrate pro-crypto
leadership are cornering this emerging area of innovation and growth.”
Legal Perspective
Legal experts remain cautious about the statement’s
implications. Bill Morgan, a digital asset lawyer, questioned its practical
impact: “How does this help crypto exchanges? They’re all pretty much still
unregulated and not registered with the SEC despite the end of the SEC
lawsuits. Not sure but maybe Coinbase has some trading activities registered
with the CFTC.”
Market Outlook
Matthew Sigel, VanEck's head of digital assets research,
stated on X: “The NYSE, Nasdaq, CBOE, CME, etc, will soon have spot trading for
BTC, ETH, and more.” The comment reflects expectations that major U.S.
exchanges could offer spot trading for leading cryptocurrencies.
Regulatory Leadership Comments
SEC Chairman Paul Atkins described the statement as a
“significant step,” noting: “Market participants should have the freedom to
choose where they trade spot crypto assets.”
CFTC Acting Chairman Caroline D. Pham said the previous
administration sent mixed signals on digital asset regulation: “Today’s joint
agency statement is the latest demonstration of our mutual objective of
supporting growth and development in these markets, but it will not be the
last.”
Staff from two U.S. financial agencies issued a joint
statement yesterday (Tuesday). The statement came from the Securities and
Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
The statement clarifies the staff's view on trading specific
crypto products. It notes that exchanges registered with the SEC or CFTC are
not banned from facilitating trades in certain spot commodity products,
including some crypto assets.
By contrast, UK regulators have taken a more cautious
approach. Retail access to spot crypto trading remains limited, and no
comprehensive framework exists for mainstream exchange listings, although the
FCA is proposing to lift the ban on crypto exchange-traded notes.
Industry Reaction
Nick Jones, Zumo’s Founder and CEO, Source: LinkedIn
Commenting on the announcement, Zumo’s Founder and CEO Nick
Jones said: “It’s only right that market participants have the freedom to
choose where they trade spot crypto assets – and now they will have access to
some of the world’s largest venues, such as the NYSE and Nasdaq.”
He added: “It’s yet another example of the US deliberately
and proactively embedding crypto in the mainstream while cementing its
leadership in an industry that will come to redefine financial services.”
Jones contrasted the U.S. approach with other major
economies: “While UK legislators and regulators shy around taking any proactive
crypto position, it's a reminder that those unashamed to demonstrate pro-crypto
leadership are cornering this emerging area of innovation and growth.”
Legal Perspective
Legal experts remain cautious about the statement’s
implications. Bill Morgan, a digital asset lawyer, questioned its practical
impact: “How does this help crypto exchanges? They’re all pretty much still
unregulated and not registered with the SEC despite the end of the SEC
lawsuits. Not sure but maybe Coinbase has some trading activities registered
with the CFTC.”
Market Outlook
Matthew Sigel, VanEck's head of digital assets research,
stated on X: “The NYSE, Nasdaq, CBOE, CME, etc, will soon have spot trading for
BTC, ETH, and more.” The comment reflects expectations that major U.S.
exchanges could offer spot trading for leading cryptocurrencies.
Regulatory Leadership Comments
SEC Chairman Paul Atkins described the statement as a
“significant step,” noting: “Market participants should have the freedom to
choose where they trade spot crypto assets.”
CFTC Acting Chairman Caroline D. Pham said the previous
administration sent mixed signals on digital asset regulation: “Today’s joint
agency statement is the latest demonstration of our mutual objective of
supporting growth and development in these markets, but it will not be the
last.”
Polymarket Introduces Dynamic Fees to Curb Latency Arbitrage in Short-Term Crypto Markets
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
