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US CFTC Expands Crypto Regulatory Efforts with Public Feedback Phase
US CFTC Expands Crypto Regulatory Efforts with Public Feedback Phase
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BTCCSquare news:
The US Commodity Futures Trading Commission (CFTC) has initiated the next phase of its 'Crypto Sprint,' focusing on stakeholder engagement and public input for spot crypto trading regulations. Acting Chair Caroline Pham emphasized the administration's priority to enable immediate digital asset trading at the federal level.
The initiative aligns with the SEC's Project Crypto and responds to recommendations from the President’s Working Group on Digital Asset Markets. Public comments are due by October 20, with final rules anticipated in a fourth phase. The move follows a comprehensive WHITE House report advocating for policy reforms to position the US as the global leader in cryptocurrency.
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