Trump era brings united SEC–CFTC crypto push in Washington showcase
Trump‑appointed SEC and CFTC chiefs will stage a joint D.C. event to pitch a unified, “pro‑innovation” crypto agenda as Bitcoin, Ethereum, and Solana trade calmly near key levels.
- New SEC Chair Paul Atkins and CFTC Chair Mike Selig plan a joint Washington event to present a harmonized digital asset framework and end “crypto turf wars.”
- The White House has tasked both Trump appointees with turning a pro‑crypto stance into concrete rules while Congress negotiates how to split oversight of digital assets.
- Markets stay steady into the event, with BTC near $89,443, ETH around $2,931, and SOL at roughly $128, as traders wait for hard policy details.
U.S. markets regulators are moving in lockstep on crypto — and they now have the political architecture to prove it. With both agencies led by Trump appointees, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) will stage a joint event next Tuesday in Washington to showcase what they describe as a unified, pro-innovation crypto agenda.
SEC Chairman Paul Atkins and new CFTC Chairman Mike Selig cast the moment as a structural reset for U.S. digital asset oversight. “Market participants have been forced to navigate regulatory boundaries that are unclear in application and misaligned in design, based solely on legacy jurisdictional silos,” they said in a joint statement announcing the event at CFTC headquarters. “This event will build on our broader harmonization efforts to ensure that innovation takes root on American soil, under American law, and in service of American investors, consumers, and economic leadership.”
Selig, formerly a senior SEC crypto official and until recently Atkins’ direct subordinate, was tapped last month as the CFTC’s permanent chair, replacing interim chief Caroline Pham. He has already rolled out a “future-proof” crypto initiative aimed at championing digital assets inside the derivatives watchdog, signaling that his mandate goes well beyond housekeeping. The White House has handed both agencies an ambitious brief to translate President Donald Trump’s aggressive pro-crypto posture into concrete rules, even as Congress works in parallel on legislation to codify how the SEC and CFTC will divide the sprawling digital asset landscape.
The two commissions have been moving toward détente for more than a year. In September, Atkins and then‑CFTC Chair Pham publicly declared that long‑running “crypto turf wars” were over, pairing a joint harmonization statement with a roundtable on prediction markets and decentralized finance. Next week’s event, scheduled to start at 10 a.m. Eastern, will open with short remarks from each chairman before a joint panel discussion that is likely to serve as a policy signal not just to industry, but to lawmakers still drafting the next generation of U.S. market rules.
The regulatory choreography is unfolding against a backdrop of firm but not euphoric markets. Bitcoin is trading around 89,443 dollars, up roughly 0.10% over the last 24 hours. Ethereum is hovering near 2,931 dollars, down about 0.7% on the day, while Solana changes hands at approximately 128 dollars after a modest daily pullback. Whether this new era of inter-agency unity ultimately narrows those famous “legacy silos” — or simply redraws them — will be tested in how quickly concrete rules follow the rhetoric.