SEC and CFTC Roundtable May Shape XRP Oversight Amid U.S. Push for Regulatory Harmonization

• Roundtable brings SEC and CFTC delegates together for regulatory harmonization

• Industry speakers include executives from Kraken, Crypto.com, Kalshi and Polymarket.

• Several CFTC commissioners have departed in 2025; acting Chair Caroline Pham remains.

SEC and CFTC roundtable front-loads clarity on crypto regulation; read key outcomes and what to expect next — stay informed with COINOTAG.

The roundtable between the two US financial regulators announced earlier this month will come after several policy changes affecting digital assets.

What is the SEC and CFTC roundtable?

The SEC and CFTC roundtable is a joint convening to discuss regulatory harmonization for digital assets. The event assembles agency officials, former regulators and crypto industry representatives to map responsibilities, examine stablecoin treatment, and inform lawmakers drafting market-structure legislation.

Who will speak at the roundtable?

Panels will include executives from Kraken and Crypto.com and representatives from prediction markets Kalshi and Polymarket. Former CFTC Chair J. Christopher Giancarlo and former commissioner Jill Sommers will moderate discussions. The event follows a public SEC notice announcing coordination with the CFTC.

Why does the roundtable matter for crypto regulation?

The roundtable matters because Congress is considering a digital asset market-structure framework that would define agency roles. Clear agency coordination can reduce regulatory overlap, speed product approvals like ETFs, and influence rules for stablecoins and tokenized collateral in derivatives markets.

How have recent policy changes shaped the context?

Since the administration change, the SEC has dropped or resolved several long-running investigations and approved generic listing standards that may accelerate crypto ETF approvals. The CFTC has appointed industry figures to advisory panels and is publicly exploring allowing stablecoins as collateral in derivatives markets.

When is leadership the issue at the CFTC?

Leadership is consequential: in 2025 all CFTC commissioners except acting Chair Caroline Pham have departed. The vacancies create a transitional environment during which former officials and industry advisors are filling discussion and advisory roles ahead of Senate confirmations that would restore a full commission.

Frequently Asked Questions

How will the roundtable affect ETF approvals?

Direct effects may be indirect: the SEC’s generic listing standards already signal faster ETF approvals. The roundtable can reduce inter-agency friction that might otherwise delay market-access decisions.

Will the CFTC accept stablecoins as collateral in derivatives?

Agency statements indicate the CFTC is exploring stablecoins as collateral. Any change will require policy design, risk assessment and, potentially, rulemaking or guidance before adoption.

Key Takeaways

• Coordination focus: The roundtable focuses on harmonizing SEC and CFTC roles in crypto oversight.
• Industry input: Panels feature Kraken, Crypto.com, Kalshi and Polymarket to bring market perspectives.
• Legislative context: Congressional proposals, including text from the House CLARITY Act, make agency alignment timely.

Conclusion

The SEC and CFTC roundtable represents a practical step toward clearer U.S. crypto regulation by combining agency dialogue, industry testimony and insights from former regulators. COINOTAG will monitor official notices and legislative movement and publish updates as outcomes and guidance are released.

Publication date: 2025-09-24. Last updated: 2025-09-24. Author: COINOTAG.