{"id":70151,"date":"2026-01-31T09:01:34","date_gmt":"2026-01-31T09:01:34","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=70151"},"modified":"2026-01-31T09:01:34","modified_gmt":"2026-01-31T09:01:34","slug":"cftc-partners-with-sec-on-project-crypto-for-unified-regulatory-approach","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=70151","title":{"rendered":"CFTC Partners With SEC On \u2018Project Crypto\u2019 For Unified Regulatory Approach"},"content":{"rendered":"
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The Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have announced they are relaunching the Project Crypto initiative as a joint policy effort to prepare US markets for the digital era.<\/p>\n

SEC-CFTC Joint Efforts For Project Crypto<\/h2>\n

On Thursday, CFTC Chairman Michael Selig revealed<\/a> that the regulatory agency is partnering with the SEC on its Project Crypto initiative to bring \u201ccoordination, coherence, and a unified approach to the federal oversight of crypto asset markets.\u201d<\/p>\n

At a joint event<\/a> on regulatory harmonization, Selig and SEC Chairman Paul Atkins outlined their plan to advance a clear crypto asset taxonomy, clarify jurisdictional lines, remove duplicative compliance requirements, and reduce regulatory fragmentation through their partnership.<\/p>\n

The SEC-CFTC harmonization agenda will focus on the fundamentals, as the chairmen detailed, including aligned definitions, coordinated oversight, and seamless, secure data sharing between agencies. \u201cHarmonization strengthens standards through coherence, predictability, and economic rationality.\u201d<\/p>\n

The agencies aim to ensure that \u201cinnovation takes root on American soil, under American law, and in service of American investors, customers, and businesses,\u201d Selig affirmed during his opening remarks.<\/p>\n

He added that he had directed the CFTC staff to work with the SEC to study \u201cjoint codification\u201d of the common-sense crypto asset taxonomy recently laid by Atkins, \u201cas an interim measure while Congress finalizes legislation.\u201d<\/p>\n

In a joint statement shared<\/a> by the CFTC, the pro-industry chairmen explained that Project Crypto was designed to ensure that the US is ready to reinforce its global financial leadership when Congress acts:<\/p>\n

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At its core, Project Crypto and our broader harmonization efforts reflect a shared philosophy: financial regulation must be precise, not punitive. Rules must be narrowly tailored to address material risks, nimble enough to adapt to technological change and remain anchored in our agencies\u2019 statutory authorities.<\/p>\n<\/blockquote>\n

Innovation Exemption Timeline Pushed Back<\/h2>\n

During the panel, Chair Atkins discussed the timeline for the Commission\u2019s long-awaited innovation exemption for the crypto industry, which was initially expected to come before the end of January.<\/p>\n

As reported<\/a> by Bitcoinist, the SEC chair said in December that the regulatory agency could issue innovation exemption rules for crypto firms in early 2026. Notably, the Commission has been studying a rule exemption since July 2025.<\/p>\n

The measure would allow crypto firms to quickly launch products by complying with \u201ccertain principles-based conditions designed to achieve the core policy aims of the federal securities laws\u201d instead of \u201cburdensome prescriptive regulatory requirements that hinder productive economic activity.\u201d<\/p>\n

Atkins affirmed<\/a> that the agency is still working on the innovation exemption, arguing that they \u201cneed to measure twice and cut once.\u201d As he outlined, the agency wants to deliver a rule change that is \u201cfit for purpose that will allow enough people to be able to develop their products, you know, within a predictable ambit of maneuver and then with an end date, an off-ramp, that sort of thing.\u201d<\/p>\n

In addition, he noted that last year\u2019s government shutdown delayed progress on crypto regulation, adding that the potential new shutdown could further delay the highly anticipated measure.<\/p>\n

Atkins denied that the SEC is waiting on the market structure bill<\/a> to put out the innovation exemption, arguing that it is within the agency\u2019s authority. However, he emphasized that they are taking the upcoming regulation into account because \u201cthere are a lot of moving parts to the situation.\u201d<\/p>\n

\u201cI just want to make sure that we keep the train going forward at full speed and for all parties\u2019 sake,\u201d he asserted, but did not offer a new potential timeline for the innovation exemption rollout.<\/p>\n

Meanwhile, Chair Selig also shared his plan to explore \u201cways in which the agency can encourage innovation in software development and support builders as they work toward product market fit.\u201d This includes assessing whether an innovation exemption \u201cmay be appropriate in certain circumstances.\u201d<\/p>\n

\"crypto,<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have announced they are relaunching the Project Crypto initiative as a joint policy effort to prepare US markets for the digital era. SEC-CFTC Joint Efforts For Project Crypto On Thursday, CFTC Chairman Michael Selig revealed that the regulatory agency is partnering with the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-70151","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/70151","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=70151"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/70151\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=70151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=70151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=70151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}