Crypto.com secures SEC approval for single-stock futures in US

SEC: The U.S. Securities and Exchange Commission (SEC) serves as the primary federal regulator for securities markets, exchanges, and related filings. It acknowledged the registration filing of Crypto.com's futures exchange, enabling the platform to proceed with offering single-stock futures to U.S. users. CFTC: The Commodity Futures Trading Commission (CFTC) is the U.S. federal agency responsible for regulating derivatives, commodities, and futures markets. Crypto.com is actively working with the CFTC in tandem with the SEC to introduce single-stock perpetuals to the U.S. market. Crypto.com: Crypto.com is a cryptocurrency platform and exchange offering trading services, derivatives, stocks, and related financial products to users worldwide, with a focus on compliance and security. In the context of this news, the company has secured authorization for its futures exchange to offer single-stock futures in the U.S. following regulatory acknowledgment, and it continues to collaborate on expanding perpetual products. Kris Marszalek: Kris Marszalek is the CEO of Crypto.com and has been instrumental in the company's regulatory and product developments. He announced the recent authorization of the firm's futures exchange to offer single-stock futures in the U.S. after the SEC acknowledged its registration filing. Regulation: Crypto.com maintains regulation by both the SEC and CFTC for its offerings in stocks, derivatives, and related products. Product Expansion: The company is advancing efforts to bring single-stock futures and perpetuals to U.S. users through ongoing regulatory collaboration.