U.S. financial regulators are reportedly exploring ways to enhance coordination on cryptocurrency regulation, with discussions underway to reinstate a joint advisory committee.
According to Fox News journalist Eleanor Terrett, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are considering reviving the CFTC-SEC Advisory Committee on Emerging Regulatory Issues, which has been inactive since 2014. The committee was originally established in 2010 to address regulatory gaps exposed by the 2008 financial crisis and ensure both agencies maintained a unified approach to emerging financial risks.
CFTC Acting Chair Caroline Pham previously advocated for reinstating the committee in 2024, arguing that a collaborative approach would strengthen the U.S. regulatory framework. However, neither the SEC nor the CFTC has officially commented on the potential revival.
The renewed focus on crypto regulation coincides with broader efforts under President Donald Trump’s administration. Newly appointed AI and Crypto Czar David Sacks has outlined plans to work with Congress on market structure legislation, signaling a push for clearer regulatory guidelines. The presidential working group on digital assets is also requiring federal agencies, including the Treasury and Department of Justice, to review existing crypto-related laws by the end of February.
Meanwhile, SEC Commissioner Hester Peirce has continued to advocate for a regulatory approach that fosters innovation rather than imposing restrictive oversight. She has emphasized that her stance is rooted in maximizing financial freedom rather than direct industry support.
The discussions around the advisory committee suggest that U.S. regulators may be moving toward a more structured and collaborative approach to crypto oversight.