CFTC and SEC Forge Unified Front on Crypto Oversight Through Project Crypto
CFTC Chairman Mike Selig unveiled an ambitious regulatory roadmap for digital assets at the FIA conference, marking a turning point in US crypto oversight. The plan bridges jurisdictional gaps through unprecedented coordination with SEC Chairman Paul Atkins under Project Crypto.
Key initiatives include draft rules for prediction markets and DeFi software registration—a move signaling institutional acceptance of decentralized finance. The CFTC's review of crypto perpetuals and margined spot trading rules suggests impending clarity for derivatives markets.
Selig positioned the collaboration as restoring US leadership in digital assets, noting the agencies have moved beyond turf wars. Atkins confirmed the partnership through planned MOUs and joint enforcement efforts—a structural shift from the previous regulatory fragmentation.