[The Dual-Track Framework of U.S. Crypto Regulation in 2026] December 27 news: In the second year of the Trump administration, the landscape of U.S. crypto regulation underwent a shift. The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) transitioned from jurisdictional disputes to close collaboration, jointly advancing crypto regulation. SEC Chairman Paul Atkins promoted the token classification system, Project Crypto, and innovative exemption mechanisms, while approving multiple standards for listing crypto ETFs and prioritizing asset tokenization as a regulatory focus. The CFTC accelerated rule clarification through Crypto Sprint, with newly appointed Chairman Michael Selig expected to play a central role in regulating crypto commodities like Bitcoin. Industry insiders believe that by 2026, U.S. crypto regulation will exhibit a dual-track framework, with SEC driving institutional innovation and CFTC leading market expansion.