The U.S. Commodity Futures Trading Commission (CFTC) has launched a so-called “crypto sprint” in collaboration with the Securities and Exchange Commission (SEC) to implement the cryptocurrency policy recommendations published by the Trump administration. The joint initiative, named Project Crypto, aims to clarify regulatory oversight, simplify compliance requirements, and resolve the long-standing jurisdictional dispute between the two agencies. The CFTC emphasized its commitment to fast-tracking implementation, highlighting current actions such as the withdrawal of outdated guidance and stakeholder consultations. Acting Chair Caroline Pham described the project as the realization of President Trump’s vision to make the U.S. a global leader in the crypto space.
Key recommendations include the creation of a joint legislative process, the establishment of a regulatory sandbox, and the development of a framework that enables companies to offer multiple crypto services on a single platform. The White House also recommended that Congress grant the CFTC clearer supervisory authority over the spot market for digital assets that are not classified as securities. The SEC and CFTC plan to launch a consultation portal soon, reaffirming their commitment to clarity, consistency, and regulatory momentum.
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile appEthereum surged strongly yesterday on this news, though today the project is experiencing a pullback of nearly 1.70%.
Additionally, it's worth noting that we've just closed out an exceptionally euphoric July, during which Ethereum gained a total of 48.7%. Historically, however, the months of August and September have tended to be marked by declines.
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.