SEC Chair Dismisses Merger Rumors, Emphasizes Regulatory Harmonization for Crypto

SEC Chair Paul Atkins has quashed speculation about a merger between the Securities and Exchange Commission and the Commodity Futures Trading Commission. Speaking at a joint roundtable, Atkins clarified the focus remains on harmonizing oversight rather than consolidation. "Our priority is crypto, not bureaucratic restructuring," he stated, addressing recurring rumors that resurface with each administration change.

The event marked a pivotal shift in U.S. financial regulation, breaking down historical silos between the two agencies. Wall Street executives and regulators convened to align approaches, signaling a new era of coordinated digital asset oversight. This development comes as both agencies increasingly prioritize cryptocurrency markets amid growing institutional adoption.