The SEC and CFTC may establish a joint committee to end the dispute over Crypto Assets regulation.

According to Techub News and reported by The Block, the market structure bill proposed by the U.S. Senate suggests establishing a joint committee between the SEC and CFTC to end the regulatory dispute over crypto assets. The draft includes provisions to protect decentralized finance (DeFi) developers, clarify the regulatory treatment of airdrops, and exempt decentralized physical infrastructure networks (DePINs) from securities laws, among other things. Additionally, the bill calls for the establishment of a joint advisory committee on digital assets between the SEC and CFTC to coordinate the differing regulatory approaches of the two agencies. Recently, the SEC and CFTC have deepened their cooperation in crypto asset regulation and plan to hold a public roundtable on September 29 to discuss "regulatory coordination priorities." SEC Chair Gary Gensler and CFTC Acting Chair Rostin Behnam stated in a joint release: "By collaboratively coordinating our regulatory frameworks, the SEC and CFTC can reduce unnecessary barriers, enhance market efficiency, and create space for innovation. Our shared goal is to ensure the U.S. maintains its leadership position in the global capital markets."