New Pro-Crypto Plan Unveiled By SEC And CFTC: Could Traditional Markets Go 24/7?

On Friday, the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) unveiled a brand new joint initiative geared toward fostering a extra sturdy regulatory setting for the crypto market. 

Central to this initiative is a daring proposal to allow conventional monetary markets to function across the clock, a transfer designed to align with the digital asset panorama.

Collaborative Approach To Crypto Regulation

In their announcement, the SEC and CFTC emphasised that the crypto market necessitates a collaborative method, notably within the wake of their earlier joint assertion addressing the buying and selling of sure spot crypto asset merchandise. 

Among the important thing proposals mentioned is the potential for extending buying and selling hours for varied asset courses. The SEC and CFTC acknowledged that sure markets, reminiscent of overseas crypto exchanges and commodities, already operate constantly. 

Another vital subject that was addressed was the expansion of prediction markets and the rising demand for occasion contracts. Crypto platforms like Kalshi and Polymarket have fueled the expansion of those markets worldwide and the companies intention to offer the steering they should responsibly listing such contracts within the US. 

Bitcoinist just lately reported that, after dealing with vital restrictions in 2022, Polymarket has been granted permission to renew offering its providers to American purchasers after a three-year absence. 

Joint Roundtable Scheduled 

The dialogue additionally touched on the potential for onshoring perpetual contracts, that are generally utilized in offshore crypto markets. By working collectively, the SEC and CFTC hope to determine a framework that permits these contracts to be traded inside regulated environments.

The companies additionally reaffirmed their willingness to discover “innovation exemptions” that might facilitate peer-to-peer buying and selling in decentralized finance (DeFi) protocols. 

The regulators assert that such exemptions might foster a safer setting for market members whereas permitting them to have interaction in progressive buying and selling fashions with out extreme regulatory burdens.

As a part of their dedication to “regulatory harmonization,” the SEC and CFTC introduced a joint roundtable scheduled for September 29, 2025. 

Featured picture from DALL-E, chart from TradingView.com