🚀 CFTC Launches Crypto Sprint Initiative
The Commodity Futures Trading Commission (CFTC) has officially kicked off its Crypto Sprint, a fast-track regulatory initiative aimed at implementing recommendations from the President’s Working Group on Digital Asset Markets.
Key Highlights:
🏛️ Led by Acting Chairman Caroline D. Pham, the CFTC is working with SEC Chairman Paul Atkins on Project Crypto, a coordinated effort to modernize U.S. crypto regulations.
📈 Innovations already live include 24/7 trading and perpetual derivatives on CFTC-registered markets.
🧠 The CFTC hosted its first Crypto CEO Forum, withdrew outdated advisories, and released new guidance to improve clarity.
🛡️ Focus areas: digital asset custody, stablecoin oversight, spot market rules, and retail investor protections.
🌍 The initiative aims to make the U.S. the crypto capital of the world, attracting global investment and fostering innovation