CFTC Launches Next Phase of Crypto Sprint to Bolster U.S. Digital Asset Strategy

The Commodity Futures Trading Commission (CFTC) has initiated a new phase of its crypto sprint, aiming to implement recommendations from the President’s Working Group on Digital Asset Markets. Acting Chairman Caroline D. Pham announced the move on August 21, 2025, framing it as a pivotal step toward reinforcing the U.S.'s role in global digital finance.

The initiative will prioritize spot trading and retail market oversight, aligning with broader efforts to balance innovation and regulatory safeguards. Public consultation on proposed crypto rules remains open until October 20, 2025.

Pham characterized the initiative as the dawn of a 'Golden Age' for digital asset innovation, underscoring the CFTC's collaboration with the SEC's Project Crypto to establish federal-level trading frameworks.