SEC and CFTC Collaborate on Project Crypto to Harmonize Crypto Regulation
The U.S. Commodity Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC) have announced a joint regulatory initiative, "Project Crypto," aimed at modernizing oversight of digital asset markets. This collaboration signals a concerted effort to bring clarity and consistency to the rapidly evolving crypto landscape.
Market participants have long called for harmonized regulation to reduce fragmentation and uncertainty. The initiative could pave the way for more institutional adoption by addressing jurisdictional overlaps between the two agencies.