#CFTCCryptoSprint

The US Commodity Futures Trading Commission (CFTC) has launched a regulatory initiative called the "Crypto Sprint".

Here's a breakdown:

Goal: The Crypto Sprint aims to rapidly implement recommendations from the President's Working Group on Digital Asset Markets, with the overall goal of positioning the US as a global leader in the crypto space.

Key Focus: The initiative will focus on regulating the spot market for non-security digital assets by allowing their trading on CFTC-registered futures exchanges (Designated Contract Markets or DCMs).