🚨 Major Developments in U.S. Crypto Oversight!
🚀 The CFTC has kicked off “Crypto Sprint” — a rapid-action plan to enforce the Trump-era recommendations for digital asset regulation. Teaming up with the SEC’s “Project Crypto,” the initiative aims to bring long-awaited structure to the American crypto landscape by addressing token categorization, trading infrastructure, and investor safeguards.
📢 Initial steps include green-lighting licensed exchanges to offer spot crypto contracts, enhancing round-the-clock trading access, and tackling regulatory gaps in DeFi protocols. Together, both regulators seek to preserve the U.S.’s leadership in the global crypto race while building safer, more transparent digital markets.
📅 Public input is welcome until August 18.
Regulators and innovators are finally aligning. #CFTCCryptoSprint