{"id":406597,"date":"2025-09-30T03:28:03","date_gmt":"2025-09-29T21:58:03","guid":{"rendered":"https:\/\/dripp.zone\/news\/us-regulators-dismiss-sec-cftc-merger-rumors-move-to-dispel-crypto-fud-crypto-news\/"},"modified":"2025-09-30T03:42:46","modified_gmt":"2025-09-29T22:12:46","slug":"us-regulators-dismiss-sec-cftc-merger-rumors-move-to-dispel-crypto-fud-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/us-regulators-dismiss-sec-cftc-merger-rumors-move-to-dispel-crypto-fud-crypto-news\/","title":{"rendered":"US Regulators Dismiss SEC-CFTC Merger Rumors, Move to Dispel Crypto \u2018FUD\u2019 &#8211; Crypto News"},"content":{"rendered":"<div data-v-43e640e6=\"\">\n<p>Officials with the US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) met for the first joint roundtable in about 14 years to discuss \u201cregulatory harmonization efforts,\u201d including those potentially impacting the cryptocurrency industry.<\/p>\n<p>In the Monday roundtable, acting CFTC Chair Caroline Pham, also the last remaining commissioner at the agency following a string of departures and resignations in 2025, <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/www.sec.gov\/newsroom\/meetings-events\/sec-cftc-joint-roundtable-sept-29-2025\" rel=\"noopener nofollow\" target=\"_blank\" title=\"null\">used<\/a> her opening statement to discuss how the two agencies working together could significantly change the regulatory landscape for digital asset companies. <\/p>\n<p>SEC Chair Paul Atkins focused on cross-agency \u201ccollaboration, not consolidation\u201d during his opening statement, clarifying there was no plan to merge the two agencies, \u201cwhich would be up to Congress and the President.\u201d <\/p>\n<p><template data-ct-widget=\"buzzsprout\" data-buzzsprout-podcast-id=\"2040516\" data-buzzsprout-episode-id=\"17907885\"\/><\/p>\n<p>Pham said she would \u201ctake a moment to dispel some of the FUD [fear, uncertainty and doubt]\u201d regarding the CFTC\u2019s operations on crypto.<\/p>\n<p data-ct-non-breakable=\"undefined\">According to the acting CFTC chair, the agency took 18 actions that did not include enforcement cases from Jan. 20, when she took the helm at the regulator, until Sept. 3. She reported that there had been 13 enforcement actions during the same period, some of which <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/cftc-crypto-fraud-enforcement-priorities\" title=\"null\">included lawsuits involving digital assets<\/a>, and 14 actions since Sept. 4.<\/p>\n<p>\u201cI think you will see that the CFTC is alive and well, and there needs to be no more FUD about what\u2019s going on on the other side of town,\u201d said Pham.<\/p>\n<p>The SEC-CFTC roundtable, ongoing at the time of publication, <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/crypto-execs-sec-cftc-regulation-roundtable\" title=\"null\">included panels featuring executives<\/a> from cryptocurrency companies Kraken and Crypto.com. Pham was the sole currently serving member of the CFTC attending the event, though former CFTC Chair J. Christopher Giancarlo and former commissioner Jill Sommers moderated panels.\u00a0<\/p>\n<p><em><strong>Related: <\/strong><\/em><a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/crypto-execs-bitcoin-reserve-market-structure-roundtable\" title=\"null\"><em><strong>Crypto execs meet US lawmakers, discuss Bitcoin reserve, market structure bills<\/strong><\/em><\/a><\/p>\n<p>The roundtable between the two US financial regulators came as the government is <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/us-government-shutdown-digital-asset-market-structure\" title=\"null\">poised for a potential shutdown<\/a> amid partisan disputes over healthcare cuts from a July budget bill.<\/p>\n<p data-ct-non-breakable=\"undefined\">The shutdown would effectively halt all activities in Congress, including the consideration of a market structure bill in the Senate, which is expected to clarify the roles the SEC and CFTC would have in overseeing digital assets.\u00a0<\/p>\n<h2>No expected replacement for CFTC chair yet<\/h2>\n<p>In addition to a potential government shutdown halting legislation in Congress, it could further delay confirmation of a replacement for Pham to head the CFTC. The acting chair <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/cftc-commissioner-kristin-johnson-resignation\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/cointelegraph.com\/news\/cftc-commissioner-kristin-johnson-resignation\">said in May<\/a> that she planned to move \u201cto the private sector\u201d if the Senate were to confirm Trump\u2019s pick, former commissioner Brian Quintenz.<\/p>\n<p><iframe loading=\"lazy\" title=\"Did Crypto Help Reelect Donald Trump? | Cointelegraph Documentary\" width=\"740\" height=\"416\" src=\"https:\/\/www.youtube.com\/embed\/suMyYsRjVzM?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p data-ct-non-breakable=\"undefined\">After Trump\u2019s nomination of Quintenz in February, the Senate Agriculture Committee had been scheduled to vote on the prospective CFTC chair before recessing in August. However, the committee <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/senate-agriculture-committee-delay-brian-quintenz-cftc\" rel=\"https:\/\/cointelegraph.com\/news\/senate-agriculture-committee-delay-brian-quintenz-cftc\" target=\"https:\/\/cointelegraph.com\/news\/senate-agriculture-committee-delay-brian-quintenz-cftc\" title=\"https:\/\/cointelegraph.com\/news\/senate-agriculture-committee-delay-brian-quintenz-cftc\">reported that the White House requested<\/a> that the vote be delayed. <\/p>\n<p>Gemini co-founders Cameron and Tyler Winklevoss were reportedly behind the White House\u2019s request. The Winklevoss twins are <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/winklevoss-twins-bitcoin-donald-trump-us-midterms\" rel=\"\" target=\"_self\" title=\"https:\/\/cointelegraph.com\/news\/winklevoss-twins-bitcoin-donald-trump-us-midterms\">supporters of Trump<\/a> and initially praised Quintenz\u2019s nomination. <\/p>\n<p>The prospective CFTC head <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/brian-quintenz-cftc-texts-gemini-tyler-winklevoss\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/cointelegraph.com\/news\/brian-quintenz-cftc-texts-gemini-tyler-winklevoss\">released texts between himself<\/a> and the Winklevosses in September, suggesting that the Gemini co-founders wanted certain assurances regarding the agency\u2019s enforcement actions. <\/p>\n<p data-ct-non-breakable=\"undefined\">As of Monday, Quintenz\u2019s confirmation hearing did not appear on Senate calendars, and reports <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/cftc-chair-crypto-nominees-list\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/cointelegraph.com\/news\/cftc-chair-crypto-nominees-list\">suggested that Trump<\/a> was considering other candidates.<\/p>\n<p><em><strong>Magazine: <\/strong><\/em><a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/magazine\/help-smart-home-devices-hacked-steal-crypto-bitcoin-cybersecurity\/\" title=\"null\"><em><strong>\u2018Help! My robot vac is stealing my Bitcoin\u2019: When smart devices attack<\/strong><\/em><\/a><\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\" label=\"Subscription Form: Markets Outlook\"\/><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Officials with the US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) met for the first joint roundtable in about 14 years to discuss \u201cregulatory harmonization efforts,\u201d including those potentially impacting the cryptocurrency industry. In the Monday roundtable, acting CFTC Chair Caroline Pham, also the last remaining commissioner at the agency following [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":402536,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-406597","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/406597","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=406597"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/406597\/revisions"}],"predecessor-version":[{"id":406601,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/406597\/revisions\/406601"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/402536"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=406597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=406597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=406597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}