CFTC Advances Trump’s Crypto Vision with Phase 2 of ’Crypto Sprint’ Initiative

The U.S. Commodity Futures Trading Commission (CFTC) has launched the second phase of its 'Crypto Sprint' program, seeking public input to implement recommendations from the President’s Working Group on Digital Asset Markets. Acting CFTC Chair Caroline Pham emphasized that the feedback will guide the agency in aligning with former President Donald Trump's directive on Leveraged retail crypto trading.

The July report outlined two key priorities: expediting a comprehensive market structure bill through Congress and fostering collaboration between the CFTC and SEC to integrate DeFi and digital assets into traditional finance. The first phase, which closed August 18, focused on a unified licensing framework for spot and futures crypto trading. The current comment period runs until October 20.