According to the source, SoFi Bank has launched spot cryptocurrency trading. The source reports that this adds a new U.S. banking on-ramp for digital assets, enabling customers to place direct spot buy and sell orders through SoFi Bank. The source indicates this development expands fiat-to-crypto conversion options within the U.S. banking system, a trading-relevant shift for market access and liquidity routing.

According to the source, a social media post on Oct 30, 2025 claims dYdX intends to expand into the US by 2026 and launch spot crypto trading as regulations ease; the cited post does not link to an official dYdX announcement or regulator notice, leaving the claim unverified by primary sources at the time of the post. Given the lack of primary-source evidence in the cited post, traders should wait for confirmation via dYdX Foundation or dYdX Trading Inc. official channels before taking positions in DYDX or related markets.

According to Milk Road (@MilkRoadDaily), spot crypto trading is coming to U.S. stock exchanges and is a net positive for Coinbase because TradFi rails will onboard new users while Coinbase and treasuries like $SBET sell them the rest of the crypto stack; source: Milk Road (@MilkRoadDaily), mrcrypto.milkroad.com/p/should-coinbase-be-worried-about-this.

According to Eleanor Terrett, the U.S. Commodity Futures Trading Commission (CFTC) has announced a new initiative to examine the trading of spot crypto asset contracts on CFTC-regulated exchanges (Designated Contract Markets, DCMs), as part of a broader crypto regulatory sprint led by acting chair Caroline D. Pham. The CFTC is also soliciting public feedback on this proposal. This move signals a potential shift toward increased regulatory oversight and infrastructure for spot crypto trading in the U.S., which could impact liquidity, price discovery, and institutional participation (source: Eleanor Terrett).