‘Project Crypto’ Unites SEC and CFTC in Landmark Regulatory Partnership
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The SEC and CFTC have embarked on a landmark partnership dubbed “Project Crypto,” aimed at creating a cohesive regulatory framework for cryptocurrency.
Announcing the effort, SEC Chair Paul Atkins argued that clear, harmonized rules are necessary as trading and custody functions cut across traditional asset classes and regulatory boundaries.
This cooperation ends a period of jurisdictional tension, where former agency heads publicly differed on classifying digital assets. The turning point came last September with a commitment to collaborate.
The event also features new CFTC Chair Michael Selig, highlighting the initiative’s priority for both agencies.
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