Chairman Paul Atkins of the U.S. Securities and Exchange Commission (SEC) announced a new era of regulatory cooperation between the SEC and the U.S. Commodity Futures Trading Commission (CFTC), moving beyond their previous competitive relationship. Currently, both agencies are seeking to sign a formal Memorandum of Understanding to coordinate their efforts in the cryptocurrency space, including holding joint meetings on product applications and establishing a shared website for businesses. This move aims to end the inconsistent regulatory treatment of products that fall under both securities and commodities frameworks. The collaboration will also extend to enforcement and coordinated inspections to prevent duplicate examinations of cryptocurrency companies under dual regulation. Atkins also emphasized the vision of “super apps” that can operate seamlessly within the jurisdiction of both agencies.