Gate News Report, March 16 — On March 11, the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) signed an official Memorandum of Understanding (MOU), announcing a joint effort to coordinate cryptocurrency regulation by 2026. The agreement covers six priority areas and marks a potential easing of long-standing jurisdictional conflicts between the two agencies.
The MOU establishes a structured cooperation framework, with regular joint meetings, data sharing, and coordinated regulatory approaches for the digital asset industry. SEC official Robert Teply and CFTC official Meghan Tente will lead the joint coordination plan, covering policy development, review, and enforcement. The SEC will primarily oversee primary market activities, including token fundraising and investment contracts, while the CFTC will regulate secondary market trading of digital commodities like Bitcoin and Ethereum.
SEC Chair Paul Atkins stated that close coordination helps companies receive consistent responses when seeking regulatory clarity or exemptions, avoiding duplicate registration requirements and preventing businesses from leaving the U.S. The CFTC Chair Michael S. Selig emphasized that the agreement reflects both agencies’ commitment to establishing a unified regulatory framework. Previously, SEC former Chair Gary Gensler and CFTC former Chair Rostin Behnam had disagreements over the classification of cryptocurrencies, leading to industry uncertainty and overlapping enforcement.
The two agencies had already launched a cross-agency working group called “Project Crypto” and plan to gather public feedback through a dedicated portal. At the time of this announcement, Congress is discussing the Digital Asset Market Transparency Act, but progress in the Senate has stalled, with substantial developments unlikely before April.
Industry experts note that this agreement is the most concrete step taken by the SEC and CFTC toward unified cryptocurrency regulation, signaling a potentially clearer regulatory environment for the U.S. crypto market and providing investors and businesses with more definitive compliance guidance.