Regulatory Body Invigorates 'Crypto Sprint' Program, Solicits Public Opinion on Real-Time Cryptocurrency Trading Transactions
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The future of finance is evolving, with a focus on macroeconomics, Bitcoin, Ethereum, crypto, Web 3.0, and more. In the United States, regulatory clarity for digital asset trading is moving towards a structured framework, led by the Commodity Futures Trading Commission’s (CFTC) "crypto sprint" initiative.
Launched on August 1, 2025, the CFTC's crypto sprint aims to implement the recommendations of the President’s Working Group on Digital Asset Markets to provide clear and harmonized rules for digital asset trading. This initiative is being carried out in collaboration with the Securities and Exchange Commission (SEC) under the joint project known as "Project Crypto."
The CFTC's crypto sprint has already made strides in improving clarity for market participants through new guidance, deregulation of outdated advisories, and pilot programs for digital asset market developments like 24/7 trading and perpetual derivatives, operational on CFTC-regulated platforms since April and May 2025 respectively.
Legislative progress is also underway, with complementary bills such as the House-passed CLARITY Act and a comprehensive Senate draft bill called the Responsible Financial Innovation Act of 2025. The CLARITY Act establishes clear CFTC registration categories for digital commodity exchanges, brokers, and dealers, while the Senate draft assigns primary regulatory authority to the SEC for ancillary assets but includes cooperative rulemaking with the CFTC.
The President’s Working Group report underpins these regulatory reforms, urging immediate federal-level clarity on critical elements including registration and custody of digital assets, thus enabling smoother and legally secure trading environments.
The CFTC invites all stakeholders to work with them on providing regulatory clarity on how to list spot crypto asset contracts on a DCM using their existing authority.
In other news, a hack worth $14,500,000,000 in Bitcoin has been uncovered, with the thieves yet to be identified. Elsewhere, a New York man has defrauded the IRS with a stolen $810,000 tax refund check in a bank fraud and identity theft scheme.
Meanwhile, in the world of digital assets, Solid has launched on Fuse Network, bringing a decentralized banking solution for the masses. Plume and Mercado Bitcoin have announced a partnership to tokenize $500M real-world assets, driving Real-World Asset (RWA) adoption across Latin America.
The CFTC aims to make America the crypto capital of the world, with initiatives like the crypto sprint helping to achieve this goal. ByDFi Card has officially launched, bridging Web 3.0 assets and real-world spending.
In the realm of altcoins, Little Pepe's Memecoin Presale has reached $16,475,000 with Stage Nine now sold out.
The US government has also been a victim of fraud, losing $13,000,000 to a fake millionaire who filed fraudulent PPP loans and IRS refunds.
The article covers Bitcoin, Ethereum, Trading, Altcoins, Futuremash, Financeflux, Blockchain, Regulators, Scams, HodlX, and Press Releases.
- The CFTC's crypto sprint, in collaboration with the SEC, is working towards providing clear and harmonized rules for cryptocurrency trading, aiming to improve regulatory clarity for digital asset market participants.
- The Commodity Futures Trading Commission's (CFTC) "crypto sprint" initiative has already resulted in new guidance, deregulation of outdated advisories, and pilot programs for digital asset market developments like 24/7 trading and perpetual derivatives.
- The joint project between the CFTC and the SEC, known as "Project Crypto," is intended to establish clear CFTC registration categories for digital commodity exchanges, brokers, and dealers, following the recommendations of the President’s Working Group on Digital Asset Markets.
- The Responsible Financial Innovation Act of 2025, a comprehensive Senate draft bill, assigns primary regulatory authority to the SEC for ancillary assets, but includes cooperative rulemaking with the CFTC, thereby aiming to provide clarity in policy-and-legislation for cryptocurrency and altcoin investing.
