SEC, CFTC to push united crypto work now that they both have Trump-appointed heads

It’s not a new sentiment that the U.S. Securities and Exchange Commission and its sister agency, the Commodity Futures Trading Commission, are working together to enact President Donald Trump’s aggressive pro-crypto agenda. But the CFTC now has a new chief, Mike Selig, and the two agencies will hold a Tuesday event to underline their cooperation.

SEC Chairman Paul Atkins is no stranger to Selig, having been his boss until Selig’s switch to become the CFTC’s permanent chairman last month. Selig had been a senior official in the SEC’s crypto policy work, and he’s now replaced interim chief Caroline Pham to lead the commodities watchdog, where he already announced a new “future-proof” crypto initiative this week.

Atkins and Selig…

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