The US crypto regulatory environment is shifting towards greater cooperation between the SEC and CFTC, ending previous jurisdictional conflicts. Initiatives include the SEC's token classification system, Project Crypto, and the CFTC's rule clarifications under the Crypto Sprint, aiming to streamline regulation and support innovation. Analysts anticipate that by 2026, these regulatory bodies will have institutionalized a more coordinated framework benefiting the crypto market, particularly with clearer guidelines around Bitcoin and tokenization.