The U.S. Commodity Futures Trading Commission (CFTC) has announced the launch of a new initiative called Crypto Sprint, aimed at implementing recommendations from the report of President Donald Trump’s working group on regulating crypto assets. The program is designed to enhance transparency and clarity of rules for participants in the cryptocurrency market.
This is reported by Finway
Collaboration Between CFTC and SEC
Caroline Pham, who is currently serving as the acting chair of the CFTC, emphasized the importance of close collaboration with the U.S. Securities and Exchange Commission (SEC), led by Paul Atkins. The primary objectives of both regulators are to ensure regulatory clarity and support innovation in the digital asset space.
“CFTC is not wasting any time in bringing President Trump’s vision of transforming America into a global crypto capital to life,” said acting CFTC chair Caroline Pham.
In her statement, Pham also noted that the CFTC will be working on Project Crypto—a similar initiative to the one the SEC launched following the release of the White House report. The main goal of the project is to reform the digital asset market in line with recommendations for regulatory cooperation between the SEC and CFTC.
Main Points of the Report and Regulatory Outlook
The White House report, released at the end of July 2025, contains comprehensive proposals for regulating the crypto sphere, including placing spot markets for crypto assets that are not investment contracts under CFTC oversight. At the same time, the SEC is expected to provide clarification on the definition of the term “investment contract.”
Currently, unlike the SEC, the CFTC has not released a detailed plan for further actions to regulate the cryptocurrency sector. Specific steps are expected to be announced after the appointment of a new head of the agency. Donald Trump has nominated Brian Quintenz—the head of the cryptocurrency department at the investment firm Andreessen Horowitz—but the U.S. Senate has yet to confirm this appointment.