The Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) announced they will jointly operate Project Crypto, marking a significant shift toward regulatory coordination following years of uncertainty about which agency had authority over digital assets. While they are hoping for the passage of legislation, they plan to provide greater clarity in the interim.
Speaking at the CFTC headquarters on 29 January, the agencies outlined plans for coordination, shared market surveillance, and a comprehensive memorandum of understanding that would formalize operational processes between the two regulators. The chairs committed to at least weekly…
