“Project Crypto,” a new joint initiative between the SEC and CFTC, seeks to harmonize and update regulations for the digital asset market.
SEC Chair Paul Atkins introduced the project, noting that today’s blended financial landscape makes divided regulation a pitfall for investor protection.
The partnership represents a deliberate pivot from previous jurisdictional debates, where the agencies contested whether tokens were primarily securities or commodities.
Following a declaration last fall that the “turf war” was over, the project formalizes the collaborative path. CFTC Chair Michael Selig’s presence at the launch event underscores the united front.
