SEC Chairman Paul Atkins announced a joint event with the Commodity Futures Trading Commission next week to discuss regulatory harmonization between the two agencies, an effort he said is part of delivering on President Donald Trump's pledge to make the United States the global leader in cryptocurrency.
What Happened: SEC and CFTC Plan Joint Crypto Event
Atkins posted on social media platform X that he would join CFTC Chairman Bud Selig at an event focused on coordination between the two regulators.
"Together we will discuss our efforts to deliver on President Trump's promise to make the US the crypto capital of the world," Atkins wrote.
The SEC separately confirmed the event would be held at CFTC headquarters and would be open to the public and livestreamed.
The announcement follows Trump's recent comments at the World Economic Forum in Davos, Switzerland, where he said he hopes to sign new Bitcoin (BTC)** and cryptocurrency market structure legislation "very soon." Trump framed the push as a geopolitical necessity, arguing that once China gains control of emerging technology markets, the United States would struggle to reclaim its position.
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Why It Matters: Regulatory Clarity at Stake
The coordination between the SEC and CFTC has long been a central question in crypto regulation, with industry participants arguing that overlapping jurisdiction creates uncertainty about which agency oversees which digital assets.
Trump told the Davos audience that he pursued crypto policy for political and strategic reasons. "Number one, I thought it was politically good, and it was," he said. "I got tremendous political support."
Crypto companies have supported political action committees with hundreds of millions of dollars, heavily donating to candidates in the 2024 election and now preparing for the 2026 midterms.
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