The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have formalized an oversight pact aimed at ending years of regulatory rivalry and strengthening crypto supervision. The two agencies signed a memorandum of understanding to connect overlapping functions and advance cooperation on crypto oversight, product approvals, and policy interpretation, signaling a shared push toward a unified framework for crypto regulation and related technologies. Under the agreement, SEC and CFTC staff are expected to meet regularly and exchange data on their mutual interests, with the aim of coordinating enforcement actions and reducing duplicative regulation.
The pact also calls for joint discussions on policy matters and product applications when overlaps arise, and for clearer rules to guide industry participants. Paul Atkins, the SEC chair, publicly previewed the MOU during a Tuesday remarks, and it notes that Atkins and the CFTC chair Mike Selig both previously represented crypto clients, illustrating regulators’ familiarity with the space. One of the stated goals is to provide a regulatory framework for crypto assets and other emerging technologies, and to harmonize supervisory approaches across the two agencies.
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