National Securities Exchanges

Definition ∞ National Securities Exchanges are regulated marketplaces where securities, such as stocks, bonds, and certain derivatives, are bought and sold under the oversight of government agencies. These exchanges operate with established rules for listing, trading, and reporting, aiming to ensure fair and orderly markets. They represent a foundational component of traditional financial infrastructure.
Context ∞ News reports frequently discuss national securities exchanges in the context of digital asset regulation, particularly concerning whether certain cryptocurrencies should be classified as securities and traded on such platforms. A significant debate involves the suitability of existing securities laws for novel digital assets and the potential need for new regulatory frameworks. Observing how these exchanges adapt to or integrate digital asset offerings will be a key development.