The U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission are coordinating to advance President Donald Trump's pro-crypto agenda. The agencies issued a joint statement and will underline their cooperation at a joint event to be held at the CFTC headquarters in Washington. The gathering will open at 10 a.m. Eastern with brief introductory remarks from each chair and continue with a panel discussion.
SEC and CFTC Collaboration
Both agencies say they are working to reduce unclear or misaligned jurisdictional boundaries and to harmonize their approaches to digital assets. The joint event is intended to underline that cooperative effort and to build on earlier statements and meetings where the agencies signaled a willingness to coordinate. In public comments, the chairs described this as part of broader harmonization work to support innovation under American law and protect investors and consumers.
New Leadership at CFTC
Mike Selig is the new permanent chairman of the CFTC; he previously served as a senior official working on crypto policy at the SEC. Selig replaced interim chair Caroline Pham and has already announced a new "future-proof" crypto initiative this week. His prior experience with the SEC means he is already familiar to SEC Chairman Paul Atkins, who worked with Selig when he served at the SEC.
For more background on the change in leadership and what it means for U.S. oversight, see Selig's appointment and how regulators are shifting course.
Joint Statement and Event Details
Atkins and Selig issued a joint statement announcing the combined event and explaining its aim to clarify and align regulatory design across the agencies. The organizers said the session will feature short opening statements from each chair followed by a panel discussion involving both agencies. The stated location is the CFTC headquarters in Washington, and the event will begin at 10 a.m. Eastern on Tuesday.
Trump's Crypto Agenda
The two agencies framed their joint work as part of enacting President Donald Trump's ambitious pro-crypto agenda, including policies and rules intended to clarify digital-asset oversight in the United States. While agency staff are developing those policies, Congress is also working on new legislation that will affect how the SEC and CFTC regulate crypto markets. The chairs presented harmonization as a way to reduce overlap and make regulatory expectations clearer.
For related reporting on the broader regulatory course in the U.S., see US crypto regulation and linked coverage of agency cooperation.
Why this matters
If you run mining equipment in Russia, this joint move by U.S. regulators does not directly change how you operate day to day, but it is still relevant to watch. Clearer rules and coordinated oversight in the U.S. can affect major exchanges, custodial services, and payment providers that many miners rely on to convert, custody, or move proceeds. As U.S. policy and laws evolve, service availability and compliance requirements for platforms can change, with indirect effects on access and fees.
What to do?
Keep the following practical steps in mind to stay prepared and protect your operations. The list emphasizes actions that do not depend on any single jurisdiction's rulemaking but help you remain resilient as regulatory landscapes shift.
- Monitor official announcements from the SEC and CFTC and the joint event statements so you know which services or practices are affected.
- Check terms and compliance requirements of exchanges, custodians, and payment services you use; prefer providers with clear regulatory disclosures.
- Maintain secure backups of wallets and private keys, and ensure mining rigs and infrastructure follow basic security and maintenance routines.
- Keep records of transactions and receipts to simplify any compliance or tax reporting you may need to do in your jurisdiction.
FAQ
When and where is the joint event? The event will be held at the CFTC headquarters in Washington and kicks off at 10 a.m. Eastern on Tuesday, with opening remarks from each chair followed by a panel discussion.
Who are the agency leaders involved? Paul Atkins is the SEC Chairman and Mike Selig is the new permanent chairman of the CFTC; they issued a joint statement announcing the event and their cooperative plans.
What is the goal of the joint work? According to the agencies, the effort aims to harmonize regulatory design and clarify oversight of digital assets as both agencies develop policies and as Congress works on laws governing crypto markets.
