Key Takeaways
- SEC and CFTC are presenting a united front on crypto rules.
- They agree on future direction, but differ on the past.
- The shift is still early, and much depends on what comes next.
U.S. financial regulators signaled a shift toward clearer and more coordinated oversight of crypto on Monday, as the heads of the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) outlined new frameworks while offering differing views on past policy.
SEC And CFTC Crypto ‘Harmony’
Speaking at the DC Blockchain Summit, SEC Chair Paul Atkins and CFTC Chair Michael Selig cast their new approach as an attempt to end years of friction between the two agencies.
Speaking in a joint…
