U.S. SEC and CFTC Prioritize Crypto Regulation Harmonization
U.S. securities and derivatives regulators are aligning their policies to create a seamless framework for cryptocurrency oversight. SEC Chairman Paul Atkins declared "crypto is job one" during a joint roundtable with the CFTC, signaling an end to jurisdictional turf wars.
The SEC will maintain authority over crypto securities while the CFTC prepares to expand its supervision of digital asset transactions under forthcoming congressional mandates. Acting CFTC Chair Caroline Pham emphasized the new collaborative approach: "It's a new day, and the turf war is over."
This unprecedented coordination between historically competitive agencies aims to enable unified compliance for crypto firms operating across both securities and commodities domains. The policy harmonization comes as both regulators prepare for expanded oversight roles in the rapidly evolving digital asset markets.