SEC–CFTC Coordination Signals Turning Point for U.S. Crypto Markets
U.S. financial regulators are showing renewed coordination as Congress advances market-structure legislation aimed at replacing the current patchwork of rules governing digital assets. The SEC and CFTC have signaled a more collaborative supervisory approach, and agencies have launched Project Crypto to align preparations for a prospective new law that would create clearer, unified standards across trading, custody and market infrastructure.
The shift matters because a coordinated regime could reduce regulatory arbitrage, clarify responsibilities for exchanges and intermediaries, and lower barriers for institutional participation. While details and timelines remain subject to congressional text and rulemaking, the move toward unified oversight is being viewed as a positive step for market stability and investor protection in the rapidly expanding crypto sector.