|

SEC’s Atkins and CFTC’s Selig Unite to End Crypto Regulatory Chaos

🏛

SEC Chairman Paul Atkins and CFTC Chairman Michael Selig will maintain a joint event on January 27 to focus on regulatory harmonization and efforts to make the United States the worldwide crypto capital.

The two regulators issued a joint assertion asserting the occasion will happen at CFTC headquarters from 10 a.m. to 11 a.m. ET, marking one other step of their ongoing coordination efforts.

For too lengthy, market contributors have been pressured to navigate regulatory boundaries which can be unclear in utility and misaligned in design, based mostly solely on legacy jurisdictional silos,” the chairmen mentioned of their assertion.

This occasion will construct on our broader harmonization efforts to be sure that innovation takes root on American soil, beneath American legislation, and in service of American buyers, customers, and financial management.

Regulators Build on September’s Historic Turf War Resolution

The upcoming occasion continues momentum from a September 29 roundtable the place each businesses publicly declared an finish to their jurisdictional conflicts.

CFTC Commissioner Caroline Pham informed attendees at that gathering that “the turf conflict is over,” whereas Atkins described it as “a turning level for American monetary markets.

That roundtable introduced collectively executives from main platforms, together with Kraken, Polymarket, Kalshi, Nasdaq, CME Group, and Robinhood, to focus on coordinated oversight of digital property.

Atkins emphasised on the time that “for years, the SEC and CFTC have labored in silos, typically at odds,” however that period had ended.

The January 27 occasion will characteristic opening remarks from each chairmen, adopted by a fireplace chat moderated by Eleanor Terrett, co-founder of Crypto in America.

Doors open at 9:30 a.m., and the session can be broadcast reside on the SEC’s web site.

Agencies Accelerate Crypto Policy After Leadership Changes

Both regulators have moved aggressively on digital asset coverage since new management took over in 2025.

Atkins assumed the SEC chairmanship in April after Gary Gensler’s departure, instantly shifting away from enforcement-based regulation towards clearer frameworks and steering.

As reported by Cryptonews at the moment, beneath Atkins, the SEC opened simply 13 crypto-related enforcement actions in 2025 in contrast to 33 in 2024, a 60% decline and the lowest level since 2017, in accordance to Cornerstone Research.

Eight of these instances concerned fraud allegations, indicating a narrower concentrate on investor hurt quite than broad registration theories.

The company additionally dismissed seven ongoing actions and lowered whole financial penalties to $142 million, lower than 3% of 2024 ranges.

Selig took the CFTC helm on December 22 after Senate affirmation, changing appearing chair Caroline Pham.

He instantly launched the Future-Proof initiative, a complete assessment aimed toward updating decades-old rules for blockchain, AI-driven buying and selling, and prediction markets.

We are at a novel second as a variety of novel applied sciences, merchandise, and platforms are rising,” Selig mentioned after his swearing-in.

Under my management, the CFTC will conquer these nice frontiers and be sure that the improvements of tomorrow are Made in America.

Joint Efforts Face Congressional Pressure on Market Structure Bills

The harmonization push comes as Congress advances competing digital asset laws.

The Senate Agriculture Committee released updated text for its Digital Commodity Intermediaries Act and scheduled a January 27 markup at 3 p.m., simply hours after the Atkins-Selig occasion concludes.

Chairman John Boozman acknowledged that “variations stay on elementary coverage points” with Democrats, who failed to assist the invoice regardless of prolonged negotiations.

The markup may proceed on occasion traces, not like the House Agriculture Committee’s bipartisan 47-6 vote on related laws.

According to Eleanor Terrett, Senator Cory Booker’s group informed Politico that he’ll proceed working with Boozman to cross and signal the laws, although no Democrats have publicly supported the textual content.

Meanwhile, the Senate Banking Committee delayed its markup of the CLARITY Act till late February or March to concentrate on housing laws.

Industry divisions over stablecoin yield provisions have difficult negotiations, with Coinbase CEO Brian Armstrong calling sure restrictions “catastrophic” earlier than withdrawing assist.

However, President Trump confirmed at Davos 2026 that he expects to signal crypto market construction laws “very quickly,” stating his administration is working to guarantee “America stays the crypto capital of the world.”

For now, the joint regulatory occasion signifies that each businesses are making ready to implement no matter framework Congress in the end delivers.

The submit SEC’s Atkins and CFTC’s Selig Unite to End Crypto Regulatory Chaos appeared first on Cryptonews.

Similar Posts