1/ It's a new dawn at the @CFTC and @SECGov. Today, @ChairmanSelig and Chairman @SECPaulSAtkins stood together to announce Project Crypto is now a *joint* initiative between the two agencies aimed at modernizing and harmonizing crypto regulation. This is the shift we've been waiting for. 🧵

2/ "Rather than running a parallel initiative with the SEC, I am pleased to announce that the CFTC is partnering with the SEC on Project Crypto—bringing coordination, coherence, and a unified approach to the federal oversight of crypto asset markets." - @ChairmanSelig

3/ What does this actually mean? Real coordination with real outcomes: “Working together with common purpose, we can deliver clearer guidance, consistent standards, and a regulatory framework that reflects how markets actually function instead of how they used to.” - @SECPaulAtkins

4/ "The U.S. is now the crypto capital of the world. But we cannot assume this will always be the case. America's financial regulators must modernize and harmonize their approach to regulation to future-proof our markets." - @ChairmanSelig We thank both Chairs for this commitment.