CFTC Launches New Crypto Initiative Following Presidential Task Force Recommendations

According to BlockBeats, the U.S. Commodity Futures Trading Commission (CFTC) Acting Chair Caroline D. Pham announced a new phase of the crypto sprint initiative. This move aims to implement recommendations from the President's Working Group on Financial Markets report on digital assets. Pham stated that advancing real-time digital asset trading at the federal level is a top government priority. The CFTC's spot crypto trading listing plan aligns with the SEC's Project Crypto, responding to U.S. President Donald Trump's call for action. She emphasized that public feedback will aid the CFTC in formulating policies related to leverage, margin, and retail trading. The CFTC also invites industry input on the recommendations outlined in the "Strengthening U.S. Leadership in Digital Financial Technology" report.