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Opening Remarks at Joint SEC-CFTC Harmonization Event – Project Crypto

· Paul S. Atkins, Chair of the U.S. Securities and Exchange Commission (United States)

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· Paul S. Atkins · U.S. Securities and Exchange Commission WikiOpening Remarks at Joint SEC-CFTC Harmonization Event – Project Crypto

ContextSpeech by Paul S. Atkins, Chair of the U.S. Securities and Exchange Commission.

Why it mattersMarks the first joint SEC-CFTC event under Project Crypto, a sign of the two regulators working together.

Problems raised
  1. Fragmented US regulation confuses investors.
  2. SEC-CFTC turf wars slowed crypto rules.
  3. Innovation risks moving abroad.
Solutions proposed
  1. Coordinate SEC and CFTC rules under Project Crypto.
  2. Reduce compliance costs through early coordination.
  3. Build crypto markets in the US under clear rules.
Read full speech on sec.gov ↗

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