CFTC and SEC Coordinate Crypto Regulation Framework

CFTC Chair Mike Selig announces Project Crypto, a joint initiative with the SEC to align definitions and oversight for digital assets, futures, and securities. The agencies intend to combine the CFTC's risk-focused regulation with the SEC's investor-protection mandate to create purpose-fit rules for blockchain, DAOs, and derivatives. The effort aims to reduce legal fragmentation and provide clearer compliance pathways for traders, exchanges, and institutions.