CFTC Expands “Crypto Sprintˮ Initiative to Address Wider Policy Recommendations ●
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The CFTC is expanding its “Crypto Sprintˮ initiative, opening public comments until October 20, 2025, to shape rules on leveraged, margined, and retail crypto trading beyond spot contracts The next phase emphasises inter-agency coordination with the SEC on registration, custody, and recordkeeping, aiming to build a unified federal framework for digital asset markets
The US Commodity Futures Trading Commission CFTC) has entered a new phase of its “Crypto Sprintˮ initiative, broadening its focus to include additional recommendations from the Presidentʼs Working Group on Digital Asset Markets. In a statement last Thursday, August 21st, Acting Chair Caroline Pham announced that the agency will begin engaging with industry stakeholders on the remaining policy proposals, with public comments accepted until October 20, 2025. This follows the initiativeʼs first phase, launched on August 4th, which focused on enabling the trading of spot cryptocurrency contracts on registered futures exchanges. “The Administration has made it clear that creating a federal framework for digital asset trading is a top priority,ˮ Pham said. She added that feedback from the public will be critical in shaping how the CFTC approaches leveraged, margined, or financed retail crypto trading on regulated platforms.