SEC and CFTC Move Toward Unified Crypto Regulation Framework
U.S. financial regulators are aligning their approaches to digital asset oversight. The Securities and Exchange Commission and Commodity Futures Trading Commission, historically at odds over jurisdictional boundaries, are now collaborating to streamline compliance for crypto businesses operating across securities and commodities markets.
SEC Chairman Paul Atkins underscored the necessity of interagency coordination during a recent policy roundtable. "Our two agencies must work in lockstep," he stated, signaling a departure from previous tensions. The rapprochement comes as CFTC anticipates expanded congressional authority over digital asset transactions.
Acting CFTC Chair Caroline Pham addressed lingering concerns about regulatory overlap, though details of the harmonization effort remain forthcoming. Market participants await concrete guidance on how the new cooperative framework will affect compliance requirements for tokens existing in regulatory gray areas.