#CFTCCryptoSprint

The Commodity Futures Trading Commission (CFTC) of the United States announced today the launch of a special program called "Crypto Sprint," aimed at quickly implementing the policy recommendations released last week by President Trump's Digital Asset Market Working Group. CFTC Acting Chair Caroline Pham stated that the agency will work closely with the SEC to promote the on-chain transformation of the U.S. financial system, realizing the Trump administration's vision of "making the United States the world capital of cryptocurrency."

This action is based on the Trump Working Group's comprehensive 168-page report, which focuses on clarifying individuals' rights to self-custody of crypto currencies, regulating the scope of banks' cryptocurrency activities, and granting the CFTC regulatory authority over the spot market for commodity-like crypto assets. The plan forms a policy synergy with the SEC's "Project Crypto," marking a new phase in U.S. crypto regulation from vague restrictions to proactive establishment.