U.S. CFTC Acting Chairman: The "turf war" over encryption regulation with the SEC has ended.

GateUser-6433627c · 2025-09-29T20:59:01+00:00

Caroline Pham, the acting chair of the U.S. CFTC, announced that the dispute with the SEC over encryption regulation has ended, and the two sides will establish a unified regulatory framework to reduce market friction. The SEC chair denied rumors of a merger between the two agencies, emphasizing policy coordination. This move comes as the "Clarity Act" is being promoted, granting the CFTC broader regulatory authority.

GateUser-6433627c

2025-09-29 20:59:01

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[The acting chair of the CFTC: The “territorial dispute” over crypto regulation with the SEC has ended] Caroline Pham, the acting chair of the Commodity Futures Trading Commission (CFTC), announced at a joint roundtable meeting on September 29 that the “territorial dispute” with the Securities and Exchange Commission (SEC) in the field of Crypto Assets regulation has ended. She emphasized that the two agencies will work to establish a coordinated and unified regulatory framework to reduce market friction. SEC Chairman Paul Atkins simultaneously denied rumors of a merger between the two agencies, stating that they will focus on policy coordination rather than institutional restructuring. This meeting brought together CEX, Robinhood, and several traditional financial institutions for discussions. This statement comes at a time when the Clarity Act is being advanced, which is expected to grant the CFTC broader regulatory authority over digital assets.

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