SEC and CFTC Collaborate to Establish Clearer Regulations for Cryptocurrencies.

During a recent fintech conference in Washington, D.C., the leadership of the Commodity Futures Trading Commission showed a renewed commitment to cooperation with the SEC.

For years, the SEC and CFTC have been in a dispute over the regulation of cryptocurrencies, causing uncertainty for crypto companies. The SEC considers most digital assets as securities, while the CFTC categorizes cryptocurrencies like Bitcoin as commodities.

In a recent article by Journalist Eleanor Terrett on X, CFTC Acting Chair Caroline Pham highlighted the importance of bridging this regulatory gap for better oversight.

“It is nice to have a White House who is vested in having crypto clarity,” Pham stated.

SEC Commissioner Hester Peirce, a proponent of more transparent crypto regulations, also supports this effort. The SEC has established a Crypto Task Force to clarify its jurisdiction and prevent regulatory overreach.

Journalist Eleanor on SEC and CFTC, Source: X

The SEC primarily enforces regulations, considering most tokens as securities and targeting unregistered offerings. In contrast, the CFTC focuses on regulating derivatives and commodities market fraud and takes a more permissive approach to crypto spot markets.

Legislation like FIT21 aims to clarify regulatory roles, giving the CFTC more control over decentralized assets while the SEC oversees securities-like tokens. This increased collaboration suggests a move towards a clearer regulatory framework for crypto exchanges.

With President Trump back in office, crypto regulation is shifting towards more industry-friendly terms. The previous administration favored lighter regulation, and Republican lawmakers tend to support the CFTC’s stance against the SEC’s stricter approach.

Signs of change are evident as major cases like Coinbase’s are resolved, and Binance re-enters the U.S. market under favorable policies. While no significant policy changes have been officially announced, the focus is expected to shift towards innovation rather than strict enforcement.

The upcoming White House Crypto Summit on March 7 will further solidify this pro-crypto stance, bringing together industry leaders, investors, and policymakers.

Also Read: U.S. Senate to Vote on Reversing IRS Crypto Rule Affecting DeFi

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