CFTC Launches "Crypto Sprint" Initiative to Accelerate Advancement of the Trump Administration's Crypto Asset Regulatory Roadmap

According to ChainCatcher, as reported by The Block, the U.S. Commodity Futures Trading Commission (CFTC) today announced the launch of a special initiative called "Crypto Sprint," aimed at rapidly implementing the policy recommendations released last week by President Trump's Digital Asset Markets Working Group. CFTC Acting Chair Caroline Pham stated that the agency will work closely with the SEC to jointly advance the on-chain transformation of the U.S. financial system, realizing the Trump administration's vision of "making the United States the global capital of cryptocurrency."

This initiative is based on the Trump Working Group's comprehensive 168-page report, with key focuses including clarifying individuals' rights to self-custody of cryptocurrencies, regulating the scope of banks' crypto-related activities, and granting the CFTC regulatory authority over spot markets for commodity-type crypto assets. The plan is coordinated with the SEC's "Project Crypto," marking a new phase in U.S. crypto regulation as it shifts from ambiguous restrictions to proactive institution-building.