Mike Selig

But then moving into other categories, digital collectibles, for example, meme coins, those sorts of assets, we would expect a process with the staff.

We want those to go through a full approval with the CFTC agency.

and then moving into things beyond crypto, equities, which we can certainly get into, metals, other types of products.

We would not be expecting those to be listed right away.

There would be a process with the staff, but we're interested to engage with the exchanges on listing new products.

Did I hear that correctly?

Well, it's not the Clarity Act itself.

So a couple months ago, or maybe even three or four months ago now, Chairman Atkins and I came together, worked together on an interpretation that divided up crypto assets into categories.

And so we have crypto assets that are digital commodities, digital collectibles, digital tools, things like liquid staking receipts, digital securities, tokenized stocks, and all of that, and stable coins.

And so this perpetual order that we granted

allows for self-certification of crypto assets in the digital commodities category.

And then beyond that, whether it's in crypto or in stocks or anything else, we would expect a process with the staff, but the staff's ready to engage on other asset classes as well.

That's absolutely right.

And we have seen, I think there's about 17 other assets beyond Bitcoin that we saw self-certified by exchanges or in the process of being self-certified in the past week.

We're working with virtually all of these platforms.

So Coinbase and Kalshu were the first two to launch.

But we also have Bitnomio that's had a perpetual style contract for some time now.

It's not a true perpetual.

You can probably expect them to move in the same direction as well as other exchanges.

I believe Kraken and Gemini, which Kraken actually owns, Bitnomio, believe they've made announcements on social media.