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CFTC Opens Phase Three of Crypto Sprint, Seeking Input on Broader Digital-Asset Rules

The move advances a coordinated push with the SEC’s Project Crypto to build a single federal framework for digital-asset markets.

Crypto Sprint
While cftc awaits new chairman, acting chief pham gets rolling on crypto
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Overview

  • Acting Chair Caroline Pham expanded the sprint to custody, stablecoins, anti-money-laundering standards, leveraged retail trading and consumer protections.
  • Public comments on the expanded scope are open through October 20, 2025, with submissions invited from market participants and investors.
  • Stakeholder engagement channels opened August 21 as the CFTC solicits suggestions on all recommendations relevant to its mandate.
  • The effort implements recommendations from the President’s Working Group on Digital Asset Markets to shift from enforcement toward clear federal rules.
  • A subsequent sprint is expected to translate the feedback into proposed rules and supervisory guidance, according to the agency’s outlined process.