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CFTC enters third phase of its “crypto sprint,” expanding beyond spot trading.
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Focus now includes custody, leveraged retail trading, and consumer protection.
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Feedback is open until October 20.
Next Phase of Crypto Sprint
The U.S. Commodity Futures Trading Commission (CFTC) announced Thursday it has entered the third phase of its crypto sprint initiative, aimed at developing federal-level rules for digital assets.
Regulatory Goals
This stage covers custody rules, retail trading protections, and broader oversight of digital asset markets. Acting chair Caroline Pham emphasized the government’s push to enable trading at the federal level.
Industry Impact
Experts say the CFTC is moving from fragmented state-level oversight to a national framework. This could help restore trust among retail investors and position the U.S. as a global leader in digital asset regulation.
What’s Next
The sprint series includes four phases, with the final stage expected to translate public feedback into formal rules. The deadline for comments is October 20, after which the CFTC will move toward creating a unified federal framework.
