Washington, DC – The president of the United States Securities and Securities Commission, Paul Atkins, said “Crypto is work one”, since his agency organized a round table on Monday focused on harmonizing the policy work with his brother regulator, the Basic Products Commerce Commission.
Both agencies have central roles to supervise digital asset markets in the United States, with the SEC, supervising cryptographic values ​​and CFTC, especially after Congress is expected to be more authority, supervising most of the transactions of digital assets. But both leaders have said that they want the borders between values ​​and products to be perfect, allowing single companies or even applications to go through both without difficulty.
“Our two agencies must work in Lockstep,” ATKINS told a multitude of lawyers and representatives of the financial compliance industry at the SEC headquarters in Washington. “What matters is to build a framework in which our agencies are coordinated without problems.”
Read more: SEC, CFTC bosses say Crypto Turf Wars happens as agencies advance in joint work
The interim president of CFTC, Caroline Pham, added: “It is a new day, and the war war is over.”
Although it is an unusually powerful feeling of these agencies, which have often disagree with each other, the CFTC side is still absent from a permanent leader to ensure that their strategic decisions do not transfer under a new administration. But Pham spent some of his time in the microphone ensuring the crowd that his agency is moving at a fast pace under his leadership.
“The CFTC is alive and well, and there should be no more FUD about what is happening,” he said, evoking the common acronym for Crypto-World for “fear, uncertainty and doubt.”
Atkins commented on the leadership of CFTC under Pham, with whom he has been working together in cryptographic initiatives, such as “at full speed.”
Apart from the round table event, the president of the SEC told journalists that “obviously, the highest priority at this time is cryptography.”
He said in response to a Coendesk question that President Donald Trump “established the glove” and wants to sign a market structure bill by the end of the year. “We will see how that is going.”
Assets token will be a particular area of ​​Focus Sec, he said, although he said he can have “a year or two” regulatory tharaterÃa around the activity.
“The potential is practically endless,” he said.
Atkins also dismissed speculation about the fusion of the SEC and CFTC, calling it “fantasy.”
Monday’s round table was the last SEC event that focused on cryptographic space, although it represented broader cooperation between agencies. Weighing on the panels there were digital assets and blockchain leaders of companies such as Kraken, Crypto.com, Polymarket, Kalshi and Robinhood Markets.
