The Commodity Futures Trading Commission (CFTC) is launching a crypto spring initiative to implement the recommendations in the President’s Working Group on Digital Asset Markets report.
Acting CFTC Chair Caroline Pham began stakeholder engagement on all other report recommendations for the CFTC on Aug. 21.
“The Administration has made it clear that enabling immediate trading of digital assets at the Federal level is a top priority,” Pham said. “I am pleased with the many thoughtful letters from stakeholders in support of the CFTC’s listed spot crypto trading initiative, which, in coordination with the SEC’s Project Crypto, answers President Trump’s call to action for American leadership. The 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’s directive. The Trump Administration has ushered in a new dawn for crypto, and it’s up to market participants to seize this opportunity to be a part of the Golden Age of innovation.”
“Starting today, I am beginning stakeholder engagement on all other report recommendations for the CFTC with the full support of the President’s Working Group on Digital Asset Markets to operationalize President Trump’s promise to win on crypto,” Pham stated.
All interested stakeholders are invited to submit feedback and suggestions on all the recommendations in the President’s Working Group on Digital Asset Markets report.
Members of the public may provide written input by Oct. 20 through the CFTC website. Submissions will be published on CFTC.gov.