Crypto is 'Job One' as U.S. SEC, CFTC Move Into Harmony on Policies: Chairman Atkins

U.S. Securities and Exchange Commission Chairman Paul Atkins emphasized that the top priority of his agency is effectively regulating the crypto sector. During a recent joint roundtable with the Commodity Futures Trading Commission (CFTC) in Washington, Atkins highlighted the importance of harmonizing policies between the two agencies, which historically have had conflicting views on digital asset regulation. Both organizations aim to ensure that firms can operate smoothly across the lines of securities and commodities without regulatory hindrances. Atkins stressed the need for a coordinated approach and described the urgency of this initiative. Meanwhile, CFTC Acting Chairman Caroline Pham addressed concerns about leadership transitions, reassuring attendees of the agency's momentum and commitment to advancing crypto regulation. Additionally, Atkins noted that the SEC's focus would include asset tokenization, although he cautioned that establishing regulatory frameworks could take a year or two.

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