SEC Crypto Newsroom/
SEC and CFTC Announce Historic Memorandum of Understanding Between Agencies
The SEC and CFTC have signed a Memorandum of Understanding (MOU) and established a Joint Harmonization Initiative to coordinate oversight, align regulatory definitions, and provide a fit-for-purpose regulatory framework for crypto assets.
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Why It Matters
The agreement aims to eliminate regulatory turf wars and duplicative rules, potentially reducing legal uncertainty for crypto assets and enhancing U.S. competitiveness in finance.