The employees of the Commodity Futures Trading Commission are engaged in the US Securities and Exchange Commission with their counterparts about digital assets.
The CFTC acting is in accordance with the Chairman Caroline Fam, who revealed that CFTC and SEC employees are negotiating further inter-agency cooperation around digital assets and related subjects.
Fox Business Reporter Ellenor Terit shared the comments of the pom on the ongoing discussions through A Post on X,
While CFTC and SEC have worked together first, Pham believes that two regulatory watchdogs can take it to the next level. This will be for the good of the public and the market, he said.
“We have resumed conversation between CFTC and SEC at the level of employees. We would like to work together. We have worked together in the past and I am eager to go back to regular orders, ”he said.
Staff-tier conversation of Fintech seminar of Milken Institute at Washington DC
SEC Commissioner Haster Peerus, who is leading the recently formed Crypto Task Force of the agency, also commented on the discussions.
Hester’s supporter-Crypto Rukh saw him as one of the voices that disagreed with constant ‘regulation by the enforcement approach’, which influenced the development under Crypto Innovation and former SEC President Gary Gensler in the US.
In his comments about CFTC and SEC Staff Dialogue, he notes an important role in making rules.
In addition, President Donald Trump’s Crypto Working Group killed the ground -running ground in case of efforts to bring clarity in the regulatory landscape. The first CFTC-SEC oversight of Crypto is suggested.
“It is important to know what is an SEC remit and what is not … The Crypto Working Group has started recognizing what comes under the jurisdiction of SEC and what is not, which is important. It is necessary that the public be included in the discussion of rules, and people affected by the rules should have the right to make rules.
Trump appointed Fam as CFTC Acting President and Commissioner Mark Uyda as SEC acting president in January. Uyda nominated Hester Peerus as the President of the Crypto Task Force shortly after.
A few days after Trump’s comment on a Crypto Strategic Reserve for the US White House, there is also two agency staff-level engagement, which is ready to host its first crypto summit on Friday, March 7, 2025 on Friday, March 7, 2025.
