U.S. SEC and CFTC to Collaborate on Cryptocurrency Regulation with 'Project Crypt'

The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) held a joint event on the 29th, discussing their collaborative efforts on 'Project Crypt,' aimed at updating cryptocurrency regulations.

Last summer, the SEC launched 'Project Crypt,' an initiative to facilitate the on-chain transition of the U.S. financial markets. SEC Chairman Paul Atkins mentioned that going forward, this project would be pursued jointly. He stated, 'Today's markets are not neatly divided by regulatory boundaries; trading, settlement, and custody move across asset classes and technologies. Integration...