The U.S. Commodity Futures Trading Commission (CFTC) launched the "Digital Currency Race" initiative to swiftly implement the Trump administration's recommendations regarding digital currencies. This initiative aims to address ongoing issues related to the classification of digital currencies, market structure, and investor protection, while maintaining the competitive edge of the United States in the global digital economy. In collaboration with the U.S. Securities and Exchange Commission (SEC), this aims to provide regulatory clarity and promote innovation in the field of digital assets through the "Digital Currency Project".