The U.S. Commodity Futures Trading Commission (CFTC) has announced the launch of the "Crypto Sprint" initiative aimed at the rapid implementation of the Trump administration's recommendations for cryptocurrency regulation. This program, which is part of the "Project Crypto", is being implemented in collaboration with the Securities and Exchange Commission (SEC) to create clear rules for the cryptocurrency market. The goal is to make the U.S. the "cryptocurrency capital of the world," as President Trump stated in his order from January 2025.
"Crypto Sprint" focuses on classifying crypto assets as commodities, regulating decentralized finance (DeFi), and updating rules for blockchain derivatives. The CFTC plans to allow trading of spot crypto assets on registered exchanges, which could significantly simplify market access for $BTC and $ETH .
Binance Square actively highlights these changes, emphasizing the potential of the initiative for the growth of the crypto industry. The platform notes that the Trump administration aims to reduce the regulatory pressure of the SEC by transferring more powers to the CFTC, which is considered more supportive of innovation.
"Crypto Sprint" is expected to facilitate the creation of a regulatory "sandbox" for testing new financial products, including asset tokenization. This could attract global investors and accelerate the integration of cryptocurrencies into the U.S. financial system.
