SEC, CFTC meet on harmonizing crypto efforts
February 02, 2026 / By ICBA
The Securities and Exchange Commission and Commodity Futures Trading Commission met last week to discuss crypto harmonization between the two agencies.
Highlights: SEC Chairman Paul Atkins and CFTC Chairman Michael Selig said:
Intermediated trading will continue to play an important role in crypto markets.
The CFTC supports lawful innovation in prediction markets.
Regulation by enforcement is dead, and market structure legislation will advance the CFTC's goals of modernizing and future-proofing U.S. markets.
Under Atkins’ crypto asset taxonomy, digital assets, digital collectibles, and digital tools are not securities even when they are sold as part of an investment contract.
The CFTC will develop rules to deploy additional forms of eligible tokenized collateral and will assess whether an innovation exemption is appropriate.
The SEC has provided technical assistance to both houses of Congress as they develop market structure.
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