#CFTCCryptoSprint The objective is to establish the United States as a leading global hub for cryptocurrency through regulatory reform. š„
Key components include:
* The Commodity Futures Trading Commission (CFTC) will oversee spot trading for non-security tokens. ā³ļø
* The Securities and Exchange Commission (SEC) will modernize securities laws and provide clarity on token classification. ā
* The initiative seeks to minimize regulatory overlap and improve collaboration between agencies. āļø