SEC and CFTC to Align Crypto Regulation at Sept. 29 Roundtable
On September 29, 2025, the U.S. SEC and CFTC will hold a joint roundtable to advance crypto regulation. The meeting responds to growing overlap between securities and commodity derivatives markets in digital assets. Key topics include Bitcoin, DeFi, prediction markets, perpetual contracts and portfolio margin trading.
Agencies will explore unified product and trading venue definitions, streamlined reporting and data standards, and coordinated capital and margin requirements. They will also discuss innovative exemption mechanisms to support market evolution. Regulators may enable investor-protected perpetual contract offerings in U.S. markets. By aligning oversight, the SEC and CFTC aim to foster blockchain finance innovation, safeguard investor interests and preserve U.S. competitiveness.
Bullish
Coordinated regulatory efforts by the SEC and CFTC are bullish for the crypto market. Regulatory clarity reduces legal uncertainty and lowers barriers for institutional participation. Historically, joint initiatives—such as the 2018 ICO guidelines—sparked renewed investor confidence and trading volume increases. In the short term, this announcement may boost market sentiment, leading to higher trading volumes in Bitcoin (BTC) and DeFi tokens. Over the long term, harmonised rules are likely to attract more institutional capital, support product innovation and enhance liquidity across U.S. exchanges. Overall, clearer oversight fosters a more stable and mature market environment.