#CFTCCryptoSprint
The CFTC's "Crypto Sprint" initiative aims to rapidly implement key recommendations from the White House's digital asset strategy. Led by Acting Chair Caroline Pham, the CFTC will work closely with the SEC to provide regulatory clarity and foster innovation in the crypto space. The initiative focuses on ¹ ²:
- *Regulatory Clarity*: Defining clear rules for crypto assets and trading
- *Self-Custody Rights*: Affirming Americans' right to self-custody digital assets without intermediaries
- *Interagency Coordination*: Enhancing cooperation between the CFTC and SEC to reduce regulatory confusion
This move is expected to promote innovation and competitiveness in the US crypto market.