The dry and the CFTC hold the first joint round table in almost 14 years

The SEC and the CFTC have held their first joint round table in almost 14 years to approach the regulation of cryptography and explore greater cooperation.

The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have held their first joint round table in almost 14 years.

The discussion stressed that the two agencies intend to cooperate on cryptographic regulations, despite little collaboration history.

Alignment with the rules of cryptography

The acting president of the CFTC, Caroline Pham, recognized during the round table on Monday that, although the dry and the CFTC had many opportunities to work together for market players and the world capital markets, unclear regulatory borders have sometimes caused friction and difficulties to the public.

Pham said it was delighted that the two regulators are now aligning rules to reduce unnecessary costs, support responsible innovation and create fair competition. She highlighted the CFTC crypto crypto crypto of the CFTC as the first examples of coordination, which suggests that greater harmonization could cause increased efficiency, clarity and extended investors to digital assets.

Responding to the concerns about the efficiency of the CFTC, Pham reported that from January 20 to September 3, the agency led 18 unappled actions and 13 application actions, some involving digital asset proceedings. Since September 4, the Commission has started 14 other legal proceedings in a few weeks.

The acting chair said that these figures show that the CFTC is active and effective, adding that “there must no longer be a Fud on what is happening on the other side of the city”.

The round table also included panels on market structure and innovation, with discussions on subjects such as prolonged negotiation hours, perpetual contracts, prediction markets and cryptographic assets. Participants included leaders of large cryptography companies such as Kraken, Robinhood and Crypto.com.

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On the sidelines of the recent event, the president of the SEC, Paul Atkins, said that the crypto was the “absolute priority of the agency at the moment”. He also identified the tokenization of assets as a key area of ​​regulatory orientation, warning that he can take a year or two to establish appropriate railings, and described his potential as “almost endless”.

Earlier in the year, the financial guard dog had held discussions on tokenization and the regulation of cryptography, in order to harmonize the rules in a context of increasing adoption of cryptography.

Tensions are climbing on the classification of token titles

Elsewhere, the Crypto X community has revived a debate on how tokenized titles should be classified. The conversation follows the tensions of the recent spouse, where traditional finance representatives resisted exemptions from innovation and recommended strict fungibility requirements under regularity.

The lawyer for Crypto Gabriel Shapiro argued that token titles should indeed be fungible. In response, the former regulatory adviser Justin Slaughter questioned the belief that these instruments are intrinsically derived, suggesting that they could represent either the underlying asset itself or an idealized version. Shapiro replied that such an ambiguity can reflect bad tokenization practices by SPV and similar structures, compared to more native approaches like Superstate or Metalelex.