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SEC and CFTC Strive to Implement Crypto Regulation Plan by Year End
Summary: According to reports, SEC Chairman Paul Atkins and CFTC Acting Chairman Caroline Pham are pushing to achieve a significant milestone in cryptocurrency regulation by the end of the year. CFTC plans to implement regulations on 'spot crypto trading and tokenized collateral' by year end; SEC is advancing 'Project Crypto' to introduce an innovative regulatory exemption ...
According to reports, SEC Chairman Paul Atkins and CFTC Acting Chairman Caroline Pham are pushing to achieve a significant milestone in cryptocurrency regulation by the end of the year.
CFTC plans to implement regulations on 'spot crypto trading and tokenized collateral' by year end; SEC is advancing 'Project Crypto' to introduce an innovative regulatory exemption system. However, the ongoing government shutdown has limited the efficiency of both agencies. The White House previously suggested that SEC should consider a crypto safe harbor and securities issuance exemptions, while CFTC has been authorized to regulate non-securities digital asset spot markets. Congress is also working on legislation to establish clear rules for the crypto industry, with SEC hoping the relevant bills will be signed into law by year end to clarify market boundaries and coordinate regulatory actions.
