The CFTC has announced the launch of the Crypto Sprint program to collaborate with the SEC's Project Crypto.
BlockBeats News, August 2nd. Caroline D. Pham, Acting Chair of the U.S. Commodity Futures Trading Commission (CFTC), announced today that the CFTC will launch a Crypto Sprint Initiative to begin implementing the recommendations of the President's Working Group on Financial Markets report.
“The CFTC is working diligently to realize President Trump's vision of making the United States the world's crypto capital,” Acting Chair Pham stated. “We will collaborate closely with SEC Chair Paul Atkins and Commissioner Hester Peirce to advance ‘Project Crypto.’ Providing clear regulation for the digital asset market now and fostering innovation will deliver on the government's commitment to usher in the crypto golden age.”
Officials noted that since January, the CFTC has hosted its first-ever Crypto CEO Forum, rescinded outdated staff letters, and issued new guidance to enhance regulatory transparency for U.S. and global crypto and digital asset innovators and entrepreneurs. The CFTC has discussed a pilot program for the digital asset market and participated as an observer in industry tokenization initiatives.
Furthermore, the CFTC recently concluded public comment periods on two crypto market innovations — 24/7 trading and perpetual derivatives. Perpetual derivatives have been trading on CFTC-registered designated contract markets (DCMs) since April, with 24/7 trading implemented since May.
BlockBeats previously reported that the SEC's Project Crypto initiative will enable the U.S. financial markets to achieve on-chain capabilities, helping President Trump make the U.S. the “world capital of cryptocurrency” and maintain America’s leading position in the crypto asset market.
You may also like
What you bought on CEX is really not US stocks: Analyzing the 94% liquidation monopoly and the evaporation of equity under a five-layer pipeline
In such a crowded cross-border payment arena, where is the next stop for the future?
Why Is Bitcoin Down in 2026? What We Can Learn From 2022
The large models in the United States are moving towards closure in the name of security
From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework
Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion
Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet
Why do cryptocurrency projects always like to change their names?
Who is footing the bill for the $64 billion accounting frenzy?
I never expected that the first application of AI x Crypto would be in security auditing
What is your view on Binance's competitive advantages?
ETH has entered a non-consensus phase, and the turning point is approaching!
The shift in the cloud of the air: from despising stablecoins a year ago to the high-profile entry of capital today
The survival dilemma of small and medium exchanges behind the withdrawal anomalies exposed by AscendEX
Why Is Bitcoin Falling Below $60K? 5 Key Market Drivers Explained
Bitcoin has dropped sharply amid ETF outflows, Strategy stock weakness, AI stock rallies, and changing Fed expectations. Explore the key forces driving BTC’s latest correction and what traders should watch next.
