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CFTC'S CRYPTO RACE: THE DIGITAL ASSET REVOLUTION BEGINS IN AMERICA
The 170-page Digital Assets Report released by the White House in July 2025 under the Trump administration proposed granting the CFTC spot market authority by classifying cryptocurrencies as commodities (The White House, 2025). Following this report, after the SEC's "Crypto Project," the CFTC announced the "Crypto Sprint" initiative (Crypto Sprint), emphasizing that it would take steps focused on rapid implementation (CFTC, 2025).
CFTC Chair Caroline Pham stated that they will work closely with the SEC, but no details were shared (Pham, 2025, as cited in Cointelegraph, 2025).
The report aims to provide clarity in trading and record-keeping processes, recommending that the CFTC facilitate spot crypto trading on federal exchanges to close existing regulatory gaps (U.S. Department of the Treasury, 2025).
According to CoinMarketCap, this "sprint" aims to implement Trump's 18 agency proposals, which will reduce regulatory uncertainty for crypto companies (CoinMarketCap, 2025).
Blockchain News indicates that the initiative will take key steps in US crypto regulation in 2025 (Blockchain News, 2025)
These developments could transform the global crypto ecosystem by strengthening the U.S.'s leadership in digital assets.
#CryptoObservers#
#gateio# #escoin# #elg# #EscoinToken#
Note: The information contained in this article is never investment advice and is intended for accurate and up-to-date informational purposes. STAY TUNED FOR REAL, SCIENTIFIC ARTICLES AWAY FROM SPECULATION❗️ Be sure to do your own research❗️