U.S. SEC and CFTC Sign Memorandum to Unify Cryptocurrency Regulations, Ending 'Turf Wars'

The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) signed a Memorandum of Understanding (MOU) on the 11th, aimed at strengthening coordination in common regulatory areas. The MOU was signed by SEC Chairman Paul Atkins and CFTC Chairman Michael Selig, officially institutionalizing the collaboration between the two agencies. This MOU updates a previous agreement from 2018 and aims to promote regulatory harmonization across the entire financial market, including cryptocurrencies. The MOU and joint initiatives...