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CFTC announces new "Crypto Sprint" to implement Trump's crypto roadmap
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Aims to provide clear rules and accelerate onchain financial innovation
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Will work with SEC to support unified regulation
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Part of broader White House plan to grow crypto in the U.S.
CFTC Moves Quickly to Implement Trump’s Crypto Roadmap
The Commodity Futures Trading Commission (CFTC) has officially launched the “Crypto Sprint,” a new initiative aimed at turning President Trump’s recent digital asset policy recommendations into action. The move follows the release of a 168-page report by the White House Working Group on Digital Asset Markets.
CFTC Acting Chair Caroline Pham emphasized urgency, stating that the commission is “wasting no time” in helping fulfill Trump’s vision of making the U.S. the global leader in crypto. The goal is to offer clear rules, support innovation, and integrate digital assets into the broader financial system.
What the Report Recommends
The White House report outlines several key suggestions for regulators:
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Congress should affirm that individuals can custody their own crypto assets
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Banks should be given clear guidelines on crypto-related services
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The CFTC should have oversight of spot markets for crypto commodities
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The SEC and CFTC should work together to clarify rules for trading and registration
These proposals aim to provide structure while still encouraging growth and innovation.
Working with the SEC for Onchain Integration
While the CFTC didn’t list specific actions in its Crypto Sprint launch, it confirmed collaboration with the Securities and Exchange Commission (SEC). Both agencies are participating in "Project Crypto," which focuses on updating securities laws to support blockchain-based financial infrastructure. The SEC plans to draft rules around crypto custody, distributions, and trading.
This unified effort marks a major shift from the previous administration’s unclear approach to crypto regulation.