#CFTCCryptoSprint

CFTC Launches Crypto Sprint Following White House Digital Asset Report.

The Presidential Working Group tasked agencies with providing regulatory clarity for digital asset markets.

Key recommendations include guidance on crypto as commodities and accommodating blockchain-based derivatives.

Joint SEC-CFTC initiatives include a regulatory sandbox and a unified user interface for multiple services.

Congress has been directed to give the CFTC clear authority over spot markets in non-security digital assets.

Brian Quintenz awaits Senate confirmation as CFTC nominee after the White House delayed Wednesday’s hearing for regulation clarity.