- The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are increasing cooperation on cryptocurrency regulation.
- SEC Chairman Paul Atkins said crypto oversight is the agency’s top priority.
- Both agencies want clear, seamless rules for firms working across securities and commodities in digital assets.
- CFTC Acting Chairman Caroline Pham stated that the “turf war is over” as both organizations coordinate closely.
- The focus includes asset tokenization and upcoming legislation, while agency merger plans were dismissed as unrealistic.
WASHINGTON, D.C. — The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) held a joint roundtable in Washington, D.C., focused on aligning their regulatory approaches to the cryptocurrency market. The event brought together financial compliance experts and industry representatives as both agencies prepare to play central roles in digital asset oversight.
SEC Chairman Paul Atkins declared crypto assets as the agency’s current top priority. He told attendees at SEC headquarters that collaboration between the two agencies is essential, stating, “Our two agencies must work in lockstep… What matters is building a framework where our agencies coordinate seamlessly.” The CFTC is expected to receive expanded authority from Congress, which would enable it to supervise most digital asset transactions, while the SEC continues its oversight of crypto securities.
Acting CFTC Chairman Caroline Pham reinforced this cooperative stance, saying, “It’s a new day, and the turf war is over.” She assured participants that the CFTC is operating efficiently despite lacking a permanent head, adding, “The CFTC is alive and well, and there needs to be no more FUD about what’s going on.” (FUD stands for fear, uncertainty, and doubt—terms commonly used in the crypto industry.)
During the roundtable, the agencies discussed efforts to make the regulatory landscape for digital assets smoother for businesses, enabling them to operate across both securities and commodities markets with fewer obstacles. On the sidelines, Chairman Atkins stated that President Donald Trump wants to sign a market structure bill by year-end, but noted it remains uncertain if that will happen.
Atkins highlighted that asset tokenization—a process for turning real-world assets into digital tokens—is an area of special focus, though final regulations might take one or two years to establish. He dismissed speculation about a possible merger between the SEC and CFTC, calling the idea “fanciful.” The event included speakers from firms such as Kraken, crypto.com, Polymarket, Kalshi, and Robinhood Markets.
For additional details on the roundtable and perspectives from both agency leaders, see the CoinDesk coverage.
✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.
Previous Articles:
- Robinhood (HOOD) Price Targets Raised Amid 220% YTD Surge
- Elliptic Hiring Crypto Intelligence Analysts to Combat Financial Crime
- Binance Alpha to List TRUTH Token; Perpetuals Launch With 50x Leverage
- Jito Labs Dropped From Pump Fun Lawsuit After Chat Log Leak
- Bitcoin Volatile as U.S. Shutdown Threatens Key Jobs Report Delay
