The Commodity Futures Trading Commission and the Securities and Exchange Commission announced a joint public event aimed at coordinating future regulatory actions across the US crypto market.
The initiative seeks to reduce long-standing uncertainty for crypto firms that have operated without consistent guidance on how digital assets are classified.
The event is scheduled for January 27 and will be held at the CFTC headquarters in Washington, DC.
CFTC Chairman Michael S. Selig and SEC Chair Paul S. Atkins are both set to attend the session.
The agencies said the discussion will focus on how responsibilities can be aligned without overlapping enforcement actions.
Officials acknowledged that regulatory fragmentation has slowed innovation and increased compliance risk for market participants.
For too long, market participants have been forced to navigate regulatory boundaries that are unclear in application and misaligned in design, based solely on legacy jurisdictional silos.
Michael S. Selig and Paul S. Atkins said.
The joint event will be hosted by cryptocurrency journalist Eleanor Terrett, according to the announcement.