The US Commodity Futures Trading Commission (CFTC) has initiated its second ‘crypto sprint,’ focused on expanding engagement with market participants and implementing recommendations from the President’s Working Group on Digital Asset Markets. Acting Chair Caroline D. Pham announced that the agency seeks public input on regulating spot crypto trading, particularly for leveraged, margined, or financed retail activity within CFTC-registered exchanges. This comes amidst ongoing leadership uncertainty at the CFTC. Brian Quintenz, Trump’s nominee for chair, remains awaiting Senate confirmation, while Pennsylvania lawmaker Ben Waxman introduced legislation to ban politicians from profiting off cryptocurrency while in office.