#CFTCCryptoSprint š #CFTCCryptoSprint: U.S. Regulators FastāTrack Crypto Clarity
The Commodity Futures Trading Commission (CFTC) has kicked off its ambitious Crypto Sprint initiative, a high-velocity push to bring long-awaited digital asset rules into force šŗšø .
Whatās New:
The program aims to implement 18 forward-looking recommendations from the Presidentās Working Group on Digital Asset Marketsāpart of a broader Trump-era crypto policy roadmap .
A major focus: enabling spot crypto trading on CFTC-registered futures exchanges (designated contract markets or DCMs) using existing federal legal authority .
The CFTC is inviting public feedback by August 18 to shape critical aspects like use of Part 40 regulations and how leverage/margin rules apply to spot contracts .
Why It Matters:
This is the first time regulators are moving to unify oversight of spot and derivatives markets under one framework, ending decades of ambiguity .
The initiative runs in tandem with the SECās āProject Crypto,ā signaling rare interagency coordination to clarify token classifications, custody standards, and tokenization rules .