SEC and CFTC Announce End to Cryptocurrency Regulatory Rivalry

At a joint roundtable on September 29, 2025, the SEC and CFTC declared an end to their regulatory rivalry, focusing on harmonized oversight of cryptocurrency markets.

The move aims to clarify overlapping regulatory roles, potentially impacting Ethereum, Bitcoin, and tokenized assets by reducing compliance ambiguity and promoting market stability.

SEC and CFTC Jointly Pledge Regulatory Cooperation

The joint roundtable hosted by the CFTC and SEC aimed to address the ongoing regulatory conflicts between the two agencies. Acting CFTC Chair Caroline Pham declared the conflicts over, emphasizing a united front in managing cryptocurrency regulation. She was joined by SEC Chairman Paul Atkins, who confirmed their commitment to close cooperation. Despite speculation over a merger, Atkins clarified that any such decision lies with Congress and the president.

“Cryptocurrency is a top priority. The two agencies must cooperate closely and establish a framework to ensure they can work together smoothly,” Atkins stated.

Reactions from industry leaders have been cautiously optimistic, with stakeholders keenly observing further policy clarifications. Executives from prominent firms like Kraken and JPMorgan Chase participated in discussions, reflecting the industry’s vested interest in regulatory uniformity and clarity.

Market Poised for Changes Amid Regulatory Evolution

Did you know? The 2025 SEC-CFTC cooperation contrasts starkly with their disputes during the 2018 ICO boom, where unclear regulations led to significant market uncertainty and compliance challenges for digital assets.

According to CoinMarketCap, Ethereum (ETH) is currently trading at $4,223.10, with a market cap of $509.74 billion and holding a market dominance of 12.97%. In the last 24 hours, ETH saw a price increase of 2.37%, backed by a trading volume of $38.03 billion, marking a 64.02% change.

Experts from Coincu suggest that this shift towards a single regulatory framework could stabilize the market by clear delineation of asset classifications. Historical trends indicate that cooperative regulation often precedes market confidence, potentially attracting institutional participation.