SEC and CFTC finalize regulatory agreement for cryptocurrencies

The two main financial market authorities in the USA are approaching a historic agreement: the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) will finalize a binding Memorandum of Understanding to clearly define and coordinate their supervisory powers in the cryptocurrency sector.

Clear division of responsibilities in supervision

The two institutions are currently working on clarifying their respective responsibilities across various crypto assets. The goal: to create a consistent and efficient regulatory landscape that prevents market abuse and protects investors. The SEC will primarily focus on digital assets that resemble securities, while the CFTC will bring its expertise in commodities and derivatives.

Public presentation of coordination plans

The plans for mutual coordination were presented at a joint event where both authorities showcased their newly finalized regulations. This step marks an important move toward harmonizing cryptocurrency regulation and aims to provide legal certainty for market participants.

The finalization of this agreement signals to the market that the USA is pursuing a coherent regulatory approach for digital assets, thereby strengthening the global competitiveness of the domestic cryptocurrency market.