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Weekly Crypto Regs Roundup: SEC–CFTC Harmonization Talks, Gensler Text Probe, and Push for Tokenized Stocks

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The previous week has been a defining one for U.S. crypto regulation, marked by high-level roundtables, new probes, and daring coverage proposals. While the tone from regulators recommended larger cooperation than in years previous, uncertainty nonetheless looms over custody, compliance, and the highway towards tokenized capital markets. Here’s a breakdown of the important thing developments shaping the crypto regulation setting.

‘Harmonization, Not Merger’

Securities and Exchange Commission (SEC) Chair Paul S. Atkins dismissed speculation a few merger between the SEC and the Commodity Futures Trading Commission (CFTC).

Speaking on the joint SEC–CFTC roundtable, Atkins emphasised that the companies are pursuing “harmonization, not merger,” making clear that every will retain its independence whereas working collectively on crypto oversight.

Lawmakers Probe Deleted Gensler Texts

House Republicans launched an investigation into the deletion of practically a yr’s price of textual content messages from former SEC Chair Gary Gensler.

The probe raises questions on transparency, recordkeeping, and whether or not Gensler acquired preferential therapy when his SEC-issued telephone was wiped later than coverage dictated. The inquiry follows an inspector basic’s report citing gaps within the company’s IT and compliance processes.

SEC Grants Temporary Clarity on Custody Rules

The SEC offered long-awaited readability for funding advisers and funds in search of to custody digital belongings. In a letter issued by the Division of Investment Management, the company confirmed that state-chartered belief corporations could quickly function crypto custodians, successfully treating them as “banks” beneath present federal legal guidelines.

The transfer offers the trade short-term certainty however leaves longer-term questions unresolved.

CFTC’s Caroline Pham Declares ‘The Turf War Is Over’

CFTC Commissioner Caroline Pham declared that the long-running rivalry between the SEC and CFTC is formally over. At the joint roundtable, Pham referred to as the second “historic” and harassed that cooperation is now the precedence. Industry leaders from Polymarket, Kraken, and Kalshi joined regulators in outlining harmonization efforts and coverage priorities.

SEC Eyes Tokenization of Stocks

In maybe the boldest improvement of the week, the SEC is reportedly engaged on a framework to permit U.S. shares to commerce on blockchain rails. The proposal would see shares of corporations like Apple, Tesla, and Nvidia represented as digital tokens, mirroring the mechanics of crypto buying and selling.

While fintech corporations and exchanges have welcomed the thought, conventional Wall Street establishments are pushing again, cautious of disruptions to the present market construction.

The publish Weekly Crypto Regs Roundup: SEC–CFTC Harmonization Talks, Gensler Text Probe, and Push for Tokenized Stocks appeared first on Cryptonews.

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