The US Commodity Futures Trading Commission (CFTC) is actively advancing digital asset regulation with the launch of its second phase of ‘Crypto Sprint’. Building upon the success of the initial phase, which enabled spot cryptocurrency asset trading on registered futures exchanges, the CFTC is now soliciting public input on implementing key recommendations from the President’s Working Group on Digital Asset Markets report. [This new phase focuses on expanding regulatory efforts beyond just spot trading.] CFTC Acting Chair Caroline Pham underscored this shift in a statement released Thursday, stating that the agency will engage stakeholders on remaining report recommendations and accept public comments until October 20, 2025. She emphasized that the CFTC will carefully consider feedback regarding leveraged, margined, or financed retail trading of digital assets on a CFTC-registered exchange.