Why SEC-CFTC Cooperation Ahead of White House Meeting Matters

SEC and CFTC signal cooperation as Congress debates crypto market structure and stablecoin yield ahead of a White House meeting.

U.S. crypto regulation entered a key moment as the SEC and CFTC signaled cooperation before a White House meeting.

Their alignment comes while Congress debates a long-awaited crypto market structure bill. The talks aim to reduce uncertainty as lawmakers, regulators, banks, and crypto firms seek common ground.

SEC and CFTC signal coordination on crypto oversight

SEC Chair Paul Atkins and CFTC Chair Mike Selig appeared Thursday on CNBC’s Squawk Box. Both leaders addressed the stalled crypto market structure bill and ongoing legislative talks.

Their comments suggested coordination rather than rivalry between the agencies.

Atkins said the SEC has been advising both Senate committees reviewing the bill. He added that the agency wants legislation that works for all parties. He said, “We’re looking forward to helping them get across the finish line.”

Selig echoed that position and pointed to limits on the CFTC’s role. He referenced the GENIUS Act, passed in July 2025. That law placed stablecoin policy largely outside the agency’s authority.

Stablecoin yield debate slows progress in Congress

The crypto market structure bill has faced delays in the Senate. Lawmakers are reviewing it in the Agriculture and Banking Committees.

One unresolved issue is how stablecoin yield should be treated. Tune in tomorrow at 6:30 a.m. ET on SquawkCNBC, where ChairmanSelig and I will discuss new SEC–CFTC harmonization efforts.

Traditional banks and crypto firms have taken opposing views on yield. Crypto companies argue it is necessary for competition. Banks warn it may blur lines between deposits and digital assets.

Coinbase recently withdrew its support for the bill. The company cited concerns over yield rules and other provisions.

During the CNBC interview, Atkins and Selig avoided taking sides in the dispute.

Related Reading: SEC and CFTC Signal Unified Crypto Rules Is the U.S. Ready for 2026?

Senate action and White House talks move forward

Despite disagreements, the legislative process continues. On Thursday, the Senate Agriculture Committee debated and amended the bill.

After just over an hour, the committee voted 12–11 to advance it.

That vote allows the bill to move closer to a full Senate vote. Lawmakers are still negotiating changes.

Coordination between regulators may help lawmakers narrow remaining gaps.

Meanwhile, the White House crypto council plans to host a meeting on Monday. Banking and crypto executives are expected to attend.

The meeting will focus on resolving issues tied to the CLARITY Act.

The CLARITY Act seeks to define how authority is shared between the SEC and CFTC. Clear coordination between the agencies may help support those discussions.

It may also reduce regulatory uncertainty as talks continue.

The post Why SEC-CFTC Cooperation Ahead of White House Meeting Matters appeared first on Live Bitcoin News.