SEC and CFTC Join Forces to End Cryptoʼs Regulatory “No Manʼs Landˮ The Securities and Exchange Commission SEC) and the Commodity Futures Trading Commission CFTC announced a rare joint pledge last Friday, September 5th, to coordinate more closely on digital asset oversight, a move that could reshape the landscape for US crypto markets. In a joint statement, SEC Chair Paul S. Atkins and CFTC Acting Chair Caroline D. Pham said the era of fragmented oversight that pushed innovation offshore must end. “It is a new day at the SEC and the CFTC,ˮ the two wrote, signaling a more open stance toward crypto. The regulators identified four priority areas for alignment: ●
Spot crypto products — clearer rules for onshore trading venues.
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Perpetual contracts — frameworks for a product widely traded outside the US.
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Portfolio margining — reducing inefficiencies across asset classes.
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Event contracts and DeFi protocols — exploring “innovation exemptionsˮ for responsible experimentation.