SEC and CFTC Plan Joint Event to Shape U.S. Crypto Leadership Under Trump Administration
The U.S. regulatory landscape for cryptocurrencies is poised for a significant shift as the SEC and CFTC announce a joint event aimed at harmonizing their oversight approaches. Scheduled for January 27th, the gathering signals a departure from the Biden-era stance that favored SEC dominance, with a new emphasis on classifying most digital assets as commodities.
SEC Chairman Paul Atkins and CFTC Chairman Michael Selig will headline the event, which seeks to advance President Trump's vision of establishing the U.S. as the global crypto capital. The public forum will be streamed live from CFTC headquarters, featuring moderated discussions by Crypto in America's Eleanor Terrett.
This regulatory pivot comes as Congress considers legislation to resolve longstanding jurisdictional conflicts between the agencies. The proposed framework WOULD predominantly place cryptocurrencies under CFTC supervision as commodities - a move likely to accelerate institutional adoption and market growth.