The CFTC has announced the launch of the Crypto Sprint program to collaborate with the SEC's Project Crypto.

By: theblockbeats.news|2025/08/02 03:02:15
0
Share
copy

BlockBeats News, August 2nd. Caroline D. Pham, Acting Chair of the U.S. Commodity Futures Trading Commission (CFTC), announced today that the CFTC will launch a Crypto Sprint Initiative to begin implementing the recommendations of the President's Working Group on Financial Markets report.

“The CFTC is working diligently to realize President Trump's vision of making the United States the world's crypto capital,” Acting Chair Pham stated. “We will collaborate closely with SEC Chair Paul Atkins and Commissioner Hester Peirce to advance ‘Project Crypto.’ Providing clear regulation for the digital asset market now and fostering innovation will deliver on the government's commitment to usher in the crypto golden age.”

Officials noted that since January, the CFTC has hosted its first-ever Crypto CEO Forum, rescinded outdated staff letters, and issued new guidance to enhance regulatory transparency for U.S. and global crypto and digital asset innovators and entrepreneurs. The CFTC has discussed a pilot program for the digital asset market and participated as an observer in industry tokenization initiatives.

Furthermore, the CFTC recently concluded public comment periods on two crypto market innovations — 24/7 trading and perpetual derivatives. Perpetual derivatives have been trading on CFTC-registered designated contract markets (DCMs) since April, with 24/7 trading implemented since May.

BlockBeats previously reported that the SEC's Project Crypto initiative will enable the U.S. financial markets to achieve on-chain capabilities, helping President Trump make the U.S. the “world capital of cryptocurrency” and maintain America’s leading position in the crypto asset market.

You may also like

From Pump.fun to Collector Crypt: Has Solana's income throne changed hands?

The revenue from consumer applications on Solana is no longer solely reliant on meme coin issuance, but is gradually spreading to more consumption scenarios.

Looking at Stripe's ambitions and the future of stablecoins from OUSD

Stripe enters the stablecoin network battle with OUSD, a comprehensive look at the third paradigm evolution of digital dollars and the new infrastructure for global payments in the AI era.

Do you want to buy CRCL?

A detailed breakdown of Circle's business fundamentals and valuation logic: The panic over OUSD and the market correction have triggered a short-term mispricing, presenting an opportunity for left-side positioning and legislative speculation below $60.

Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity

Federal Reserve Chairman Waller clearly stated at the ECB forum that the Fed will abandon forward guidance on interest rates, with future decisions relying entirely on real-time economic data. He noted that inflation risks in the U.S. have decreased over the past four weeks, but the ultimate impact ...

The most secretive AI winner

A century-old company that sells toilets and produces MSG has seen its stock price soar by "positioning" core materials for AI chips. This article clarifies the explosive opportunities for domestic substitution of semiconductor materials in the A-share market.

Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?

A programmer from a big tech company bought hard drives on Pinduoduo and, following clues, managed to accurately capture the sixfold rising stock Seagate using the "finding daily anomalies + 13F institutional verification" framework, making a wild profit of $400,000 and achieving financial freedom.
Creator Challenge
Create, share & earn up to 800 USDT
Creator ChallengeInvite

Popular coins

Latest Crypto News

11:42

Data: BlackRock ETF deposits 4,917 BTC into Coinbase, approximately 301 million USD

According to OnchainLens monitoring, the BlackRock ETF address deposited 4,917 BTC into Coinbase, worth approximately $301 million.In the past 4 days, BlackRock has cumulatively deposited 20,359 BTC into Coinbase, worth approximately $1.22 billion.
11:42

Data: A giant whale is on the verge of liquidation with 54,200 ETH short positions, and the liquidation price is $1674.4

According to on-chain analyst Yu Jin's monitoring, a giant whale (0x50b...9f20) previously shorted 54,200 ETH, with an opening price of $1541.3 and a liquidation price of $1674.4. The current ETH price has risen to $1646.2, and this position is only $28 away from the liquidation price.
11:42

Data: The Solana ecosystem meme coin ANSEM's market value briefly surpassed 180 million USD, setting a new historical high, with a 24-hour increase of 24%

According to GMGN data, the market capitalization of the Solana ecosystem meme coin ANSEM briefly surpassed $180 million, setting a new historical high, and has now fallen back to $172 million, with a 24-hour increase of 24% and a 24-hour trading volume of $30.8 million.Meme coin trading is highly v...
11:42

Hyperscale Data increased its holdings by 67 BTC, bringing the total holdings to approximately 849 BTC

According to PR Newswire, artificial intelligence data center company Hyperscale Data, Inc. (NASDAQ GPUS) announced that it increased its holdings by 67 bitcoins between June 30 and July 1, bringing its total bitcoin holdings to approximately 849.
11:42

The SEC investigation involves Futu and Tiger Brokers suspected of insider trading, profiting $100 million through options betting

According to informed sources, U.S. regulators are investigating allegations made by Susquehanna International Group. The allegations claim that unknown insider traders profited $100 million through options bets before recent regulatory crackdowns on cross-border brokers Futu and Tiger Brokers in Ch...
Read more
Community
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com