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Regulatory Progress
CFTC and SEC Launch Crypto Sprint Developments within the Regulatory Framework
• The CFTC's Crypto Sprint initiative allows spot trading of cryptocurrencies on regulated futures exchanges.
• The SEC issues new guidance on stablecoins, classifying fully backed tokens as cash equivalents.
• The joint effort aims to harmonize the regulation of digital assets under existing financial frameworks.
• The public consultation period will remain open until August 18, 2025, creating temporary uncertainty.