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SEC and CFTC Schedule Jan. 27 Meeting to Align Crypto Oversight
US regulators, under President Trump's crypto-friendly administration, are planning a public reset on crypto oversight. The SEC and CFTC will hold a joint event on January 27 to improve coordination between the two agencies. This session will be led by SEC Chairman Paul S. Atkins and CFTC Chairman Michael S. Selig.
- The meeting aims to create a shared path promoting innovation while supporting domestic markets.
Crypto Enforcement Decline in 2025
- The SEC initiated 13 crypto-related enforcement actions in 2025, a 60% decrease from 33 actions in 2024.
- Under former SEC Chair Gary Gensler, five actions were filed before his departure in January; the remaining eight were under Atkins' leadership.
- All actions were related to fraud allegations, focusing on misconduct rather than broader regulatory issues.
- The SEC closed 29 crypto cases in 2025, dismissing seven outright after Atkins took office. These included cases involving major platforms like Coinbase, Binance, Kraken, Robinhood Crypto, and Crypto.com.
- Monetary penalties on digital-asset firms dropped significantly to $142 million in 2025, less than 3% of the amount imposed in 2024.
Policy Shift Under New Leadership
- Under Chairman Atkins, the SEC has adopted a more crypto-friendly approach, launching a Crypto Task Force led by Commissioner Hester Peirce to draft clear rules for digital assets.
- Atkins, who served as an SEC commissioner from 2002 to 2008, is reinstating priorities like clear rules, steady enforcement standards, and cost review before action.