Catenaa, Monday, August 25, 2025-The Commodity Futures Trading Commission on Thursday opened the next phase of its “Crypto Sprint” initiative, inviting public comment as the agency advances policy recommendations from the President’s Working Group on Digital Asset Markets.
Acting Chair Caroline Pham said the agency will focus on “stakeholder engagement” while gathering feedback on the working group’s proposals through October 20.
The move follows the Aug. 4 launch of the initiative’s first phase, which began enabling spot crypto trading on federally registered futures exchanges.
The next stage is expected to cover oversight measures beyond spot trading, including registration, custody, and recordkeeping standards, along with broader coordination among financial regulators.
The Securities and Exchange Commission has launched a parallel initiative, “Project Crypto,” aimed at modernizing securities rules to accommodate blockchain-based markets.
SEC Chair Paul Atkins recently signaled a lighter regulatory touch, saying few digital tokens qualify as securities and pledging to create a framework that supports innovation while reducing the risk of regulatory overreach.
The expansion underscores the administration’s crypto roadmap, with inter-agency cooperation shaping what could become the most significant federal framework for digital assets to date.
