SEC, CFTC to hold harmonization event on crypto oversight

SEC, CFTC to hold harmonization event on crypto oversight

The SEC’s Paul Atkins and the CFTC’s Michael Selig will discuss the two agencies’ crypto oversight as legislative efforts to define their roles work through the Senate.

The US Securities and Exchange Commission and the Commodities Futures Trading Commission say they’re coming together to discuss their efforts to implement President Donald Trump’s crypto agenda.

The agencies said on Thursday that SEC chair Paul Atkins and freshly-installed CFTC chair Michael Selig will hold an event on Tuesday to discuss the “harmonization between the two agencies.”

“For too long, market participants have been forced to navigate regulatory boundaries that are unclear in application and misaligned in design, based solely on legacy jurisdictional silos,” Atkins and Selig said in a statement. 

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