U.S. SEC, CFTC chiefs push united front on paving the way for crypto
The SEC and CFTC leaders held a joint event to signal commitment to harmonizing crypto regulations and providing industry clarity.Summary
Leaders of the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), including new CFTC head Mike Selig, hosted a harmonization event to demonstrate a united front on advancing crypto regulatory policy. SEC Chairman Paul Atkins praised Selig's appointment, emphasizing a shared goal to reduce friction and standardize definitions to give the industry confidence while Congress works on legislation. The SEC generally oversees securities, including tokenized assets, while the CFTC has jurisdiction over major tokens like Bitcoin and Ether. The event mirrors a previous joint meeting, signaling ongoing efforts to provide regulatory comfort, with CFTC Chair Selig predicting digital assets will flourish under clear U.S. rules.
(Source：CoinDesk)