{"id":43683,"date":"2025-08-23T03:46:31","date_gmt":"2025-08-23T03:46:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=43683"},"modified":"2025-08-23T03:46:31","modified_gmt":"2025-08-23T03:46:31","slug":"cftc-launches-next-phase-of-crypto-sprint-initiative-to-advance-white-house-vision","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=43683","title":{"rendered":"CFTC Launches Next Phase Of \u2018Crypto Sprint\u2019 Initiative To Advance White House Vision"},"content":{"rendered":"
\n

The Commodity Futures Trading Commission (CFTC) has announced the next phase of the agency\u2019s \u201cCrypto Sprint\u201d initiative, which aims to examine and implement recommendations from the White House.<\/p>\n

CFTC Launches New \u201cCrypto Sprint\u201d Phase<\/h2>\n

On Thursday, CFTC acting chair Caroline Pham announced that the agency would begin the next phase of its initiative to advance President Donald Trump\u2019s vision and is seeking the public\u2019s feedback on the recommendations in the President\u2019s Working Group on Digital Asset Markets report.<\/p>\n

\"crypto\"<\/p>\n

Pham highlighted that the Trump administration has \u201cmade it clear that enabling immediate trading of digital assets at the Federal level is a top priority,\u201d adding, \u201cThe Trump Administration has ushered in a new dawn for crypto, and it\u2019s up to market participants to seize this opportunity to be a part of the Golden Age of innovation.\u201d<\/p>\n

The agency has initiated stakeholder engagement and invited all interested parties to submit feedback and suggestions<\/a> on all recommendations for the CFTC in the White House\u2019s recent digital assets report by October 20, 2025.<\/p>\n

\u201cThe public feedback will assist the CFTC in carefully considering relevant issues for leveraged, margined or financed retail trading on a CFTC-registered exchange as we implement the President\u2019s directive,\u201d Pham stated.<\/p>\n

As reported by Bitcoinist<\/a>, the CFTC unveiled its \u201cCrypto Sprint\u201d on August 1, which started with a spot crypto trading initiative. Following the Securities and Exchange Commission\u2019s (SEC) launch of its \u201cProject Crypto,\u201d Pham revealed that the agency would work closely with SEC Chairman Paul Atkins and Commissioner Hester Peirce to provide regulatory clarity and foster innovation in the digital assets market.<\/p>\n

\u201cI am pleased with the many thoughtful letters from stakeholders in support of the CFTC\u2019s listed spot crypto trading initiative, which, in coordination with the SEC\u2019s Project Crypto, answers President Trump\u2019s call to action for American leadership,\u201d said the CFTC acting chair on Thursday.<\/p>\n

Chaos In The Regulatory Agency?<\/h2>\n

The CFTC\u2019s initiative comes amid rumors of chaos in the regulatory agency. On Friday, Bloomberg, citing anonymous sources, affirmed<\/a> that \u201cturmoil continues as the agency\u2019s responsibilities, and the potential market risks, are multiplying.\u201d<\/p>\n

According to the report, enforcement has significantly slowed, and the commissioner\u2019s shortage has allegedly made it difficult to carry out critical agency business. \u201cThe CFTC\u2019s curtailment coincides with a looming expansion of the agency\u2019s responsibilities,\u201d Bloomberg noted, as the highly anticipated<\/a> market structure bill is expected to shift most of the crypto market oversight to the CFTC.<\/p>\n

A White House spokesperson denied that the agency is in disarray, telling the news media outlet that \u201cPresident Trump has made it a priority to make America the crypto capital of the world, and in doing so has called for the revitalization of the Commodity Futures Trading Commission to play a larger role in securing this promise. Acting Chairman Caroline Pham has done a good job beginning this effort, and the Trump Administration is thankful for her leadership and dedicated public service.\u201d<\/p>\n

Meanwhile, the agency also remains in a leadership limbo after the US Senate Agriculture Committee delayed the vote on President Trump\u2019s nominee for CFTC chairman, Brian Quintenz, days before the August recess.<\/p>\n

The committee reportedly delayed the vote following a request from the White House. Notably, Tyler and Cameron Winklevoss, Gemini exchange co-founders, allegedly<\/a> pressed President Trump in July to reconsider his CFTC nominee, arguing that Quintenz wouldn\u2019t \u201cshake up the CFTC enough\u201d and is not \u201caligned with Trump\u2019s agenda.\u201d<\/p>\n

Earlier this week, a group of crypto organizations sent a letter<\/a> to the US President in support of Quintenz, arguing that installing a permanent chairman is \u201cabsolutely critical\u201d to realize the agency\u2019s goals.<\/p>\n

\u201cMr. Quintenz possesses a singular capacity to advance sound and clear regulation that will foster responsible growth and innovation. He is, quite simply, the right person at the right time to lead the CFTC,\u201d the letter concluded.<\/p>\n

\"crypto,<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The Commodity Futures Trading Commission (CFTC) has announced the next phase of the agency\u2019s \u201cCrypto Sprint\u201d initiative, which aims to examine and implement recommendations from the White House. CFTC Launches New \u201cCrypto Sprint\u201d Phase On Thursday, CFTC acting chair Caroline Pham announced that the agency would begin the next phase of its initiative to advance […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-43683","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/43683","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43683"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/43683\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}