SEC and CFTC Relaunch 'Project Crypto' to Coordinate Oversight

The Securities and Exchange Commission and the Commodity Futures Trading Commission have relaunched Project Crypto as a coordinated effort to provide regulatory clarity for digital-asset markets and to align the two agencies’ approaches to crypto oversight ^[1][3][4].

In a joint statement issued at the end of January, the agencies framed the relaunch as a step toward clearer rules and reduced overlap between securities and commodities frameworks, aiming to prepare U.S. markets for evolving digital-asset technology ^[3][4][2].

Industry and press coverage characterized the coordinated effort as a reset of the recent enforcement-heavy period and called it a potential turning point for U.S. crypto markets as regulators seek more unified supervision ^[1][2].

Officials presented the relaunch as the start of joint policy work to bring greater clarity to the sector; initial releases emphasized coordination but did not provide a detailed implementation timetable ^[3][4].