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CFTC Opens Third Phase of 'Crypto Sprint,' Seeking Public Input on Custody, Retail Leverage and Protections

The agency set an Oct. 20 comment deadline to help convert the White House crypto plan into draft rules in step with the SEC.

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

  • Acting Chair Caroline Pham launched the latest phase to gather stakeholder input on CFTC‑relevant recommendations beyond spot trading, including custody, leveraged retail products and consumer protections.
  • The CFTC set Oct. 20, 2025 as the deadline for public comments on the expanded agenda tied to the President’s Working Group report.
  • Regulators say the effort is coordinated with the SEC’s Project Crypto to align securities and commodities oversight for digital assets.
  • Leadership remains unsettled at the CFTC after the Senate Agriculture Committee delayed a vote on chairman nominee Brian Quintenz, leaving Pham serving in an acting role.
  • The political backdrop includes a House defense bill amendment that would bar the Federal Reserve from studying or creating a central bank digital currency.