The US SEC and CFTC are strengthening their collaboration to promote regulatory coordination for crypto and derivatives.

According to crypto journalist Eleanor Terrett, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are increasing their collaboration to support the development of crypto assets, DeFi, prediction markets, perpetual swaps, and portfolio margin. The two agencies plan to enhance the competitiveness of the U.S. market through regulatory harmonization, closing regulatory gaps, extending trading hours, and utilizing innovative exemptions. The two sides will hold a joint roundtable on September 29th to discuss next steps.