US CFTC Launches New Round of Cryptocurrency Regulation

According to reports from HashChain, the Commodity Futures Trading Commission (CFTC) acting chair Caroline D. Pham has stated that the CFTC will initiate a new round of “sprint” actions for cryptocurrency regulation, aimed at implementing recommendations from reports regarding the digital asset market. The CFTC plans to collaborate with the Securities and Exchange Commission (SEC) on Project Crypto to advance the progress of federal-level spot trading of digital assets. The deadline for public comments is October 20, and related recommendations will be publicly released.