#CFTCCryptoSprint CFTC launched the Crypto Sprint initiative to regulate the sector.

The U.S. Commodity Futures Trading Commission (CFTC) has launched the Crypto Sprint initiative. It aims to implement the recommendations outlined in the report on the crypto segment published by President Donald Trump's working group.

"CFTC is not wasting any time bringing President Trump's vision of turning America into the world's crypto capital to life," said acting CFTC Chair Caroline Pham.

In her publication, Pham pointed out that CFTC will work closely with the U.S. Securities and Exchange Commission (SEC) and its head, Paul Atkins. The agency's key goal is to ensure regulatory clarity and support innovation.

Pham also noted that CFTC will be working on Project Crypto. This is a similar initiative launched by the SEC after the publication of the report. We covered it in detail earlier.