Overview

• At a joint roundtable in Washington, SEC Chair Paul Atkins said “crypto is job one” and urged the agencies to “work in lockstep.”
• Atkins said the SEC is developing an innovation exemption aimed for year-end to give firms a stable path to launch new digital-asset products.
• Asset tokenization will be a priority for the SEC, though Atkins cautioned that establishing guardrails could take a year or two.
• Acting CFTC Chair Caroline Pham declared the turf fight over and emphasized the CFTC’s ongoing crypto enforcement and operational pace.
• Atkins rejected talk of an SEC–CFTC merger as “fanciful” and said President Donald Trump wants to sign a market-structure bill by year-end.