SEC and CFTC to Reassess Crypto Regulation Cooperation: A Focus on Digital Assets

According to a recent report from COINOTAG News dated February 13th, digital assets are increasingly becoming a focal point for regulatory bodies, with the U.S. SEC and CFTC engaged in discussions on enhancing cooperation in the realm of crypto regulation. Notably, Fox reporter Eleanor Terrett highlights a potential strategy to revive the dormant CFTC-SEC Joint Advisory Committee. Originally established in 2010, this body was designed to create a framework for addressing emerging regulatory issues that affect both agencies. It has remained inactive since 2014, and stakeholders are now advocating for its reinstatement to foster dialogue and streamline regulatory efforts within the cryptocurrency sector. The recommissioning of this committee could significantly influence how regulatory frameworks evolve in response to the rapid growth and complexity of the digital asset landscape.