CFTC Launches New Initiative to Implement Trump’s Crypto Plan

The U.S. Commodity Futures Trading Commission (CFTC) has initiated its second initiative, dubbed a ‘crypto sprint,’ to implement former President Donald Trump’s plan for regulation of the cryptocurrency market. Acting Chair Caroline D. Pham announced that the agency is seeking public feedback on how best to regulate spot crypto trading. The feedback will guide the CFTC in crafting regulations for leveraged, margined or financed retail trading on a CFTC-registered exchange. 🇺🇸