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Jinse Finance reported that staff from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have just issued a joint statement, clearly stating that exchanges registered with the SEC and CFTC are not prohibited from offering trading of certain spot crypto asset products. SEC Chairman Paul Atkins said: "Market participants should have the freedom to choose where to trade spot crypto assets." CFTC Acting Chair Caroline Pham stated: "During the previous administration, our agencies sent confusing signals regarding regulation and compliance in the digital asset markets, but the message was clear: innovation was unwelcome. That chapter is now over." This move marks an important step forward for the two agencies' 'Project Crypto' and 'Crypto Sprint' initiatives, aiming to coordinate regulation while expanding the choices and flexibility of trading venues for U.S. market participants.

Jinse Finance reported that all three major U.S. stock indexes closed lower, with the Dow Jones Industrial Average down 0.55%, the S&P 500 down 0.69%, and the Nasdaq Composite down 0.82%. Major technology stocks generally fell, with Nvidia down nearly 2%, and Amazon and Apple both down more than 1%.