EddieJayonCrypto

 22 Aug 25

tl;dr

Commodity Futures Trading Commission (CFTC) Acting Chairman Caroline D. Pham announced a new crypto sprint initiative to implement recommendations from the President’s Working Group on Digital Asset Markets report. The initiative focuses on enabling immediate federal-level trading of digital assets ...

Commodity Futures Trading Commission (CFTC) Acting Chairman Caroline D. Pham announced the launch of the CFTC’s next crypto sprint initiative aimed at implementing recommendations from the President’s Working Group on Digital Asset Markets report. This marks the beginning of stakeholder engagement on all remaining report recommendations specific to the CFTC.

Acting Chairman Pham emphasized the Administration’s prioritization of enabling immediate trading of digital assets at the federal level. She welcomed the numerous thoughtful letters from stakeholders supporting the CFTC’s listed spot crypto trading initiative, which works in coordination with the SEC’s Project Crypto to fulfill President Trump's directive for American leadership in the digital asset space.

The public feedback will help the CFTC carefully address concerns relating to leveraged, margined, or financed retail trading on a CFTC-registered exchange as part of the implementation process. Chairman Pham described this moment as the dawn of a new era for crypto innovation, urging market participants to seize this opportunity to contribute to what she called the “Golden Age of innovation.”

Starting immediately, the CFTC will engage stakeholders on all report recommendations with full backing from the President’s Working Group on Digital Asset Markets. This effort aims to operationalize the Administration’s promise to “win on crypto.” To facilitate public participation, the CFTC invites interested parties to submit written feedback and suggestions by October 20, 2025. All comments will be published on the CFTC website.

Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 22 Aug 25
 22 Aug 25
 22 Aug 25