The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have reached a historic agreement to end their long-standing jurisdictional dispute over crypto asset classification. This resolution was achieved during a joint roundtable meeting in Washington, marking the first such meeting between the two agencies in 14 years.
CFTC Acting Chair Caroline Pham announced the end of the 'territorial dispute,' highlighting a significant shift in U.S. crypto regulation. SEC Chair Paul Atkins emphasized that future efforts will focus on cooperation rather than consolidation. Both agencies have confirmed that crypto regulation is now a top priority, with discussions also covering regulatory coordination, investor protection, and the potential impact of the proposed Clarity Act, which aims to establish a clear framework for dividing regulatory responsibilities.
SEC and CFTC Resolve Jurisdictional Dispute Over Crypto Regulation
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