Coin World reported that Caroline D. Pham, acting chair of the U.S. Commodity Futures Trading Commission (CFTC), announced on August 21 that the CFTC will launch the next phase of its crypto sprint program to implement the recommendations from the President's Working Group on Digital Assets report. The program focuses on advancing federal-level digital asset spot trading and collaborates with the U.S. Securities and Exchange Commission (SEC)'s 'Crypto Project,' echoing President Trump's call for the U.S. to achieve a leadership position in the crypto space. Pham stated that the CFTC will widely solicit stakeholder opinions on topics including leverage, margin, and financing of retail trading, and will open public submissions for comments by October 20.