The CFTC announces initiative to promote regulatory innovation in the crypto sector
In alliance with Sec, the CFTC announces the “Crypto Sprint Initiative”, strategy with which it seeks to bring regulatory innovation in the digital asset sector.
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- The United States seeks to consolidate as the world’s world capital.
- The plan of the CFTC promotes clear regulation and drives innovation Blockchain, In alliance with Sec.
- Agencies will work based on the report of the Presidential Working Group.
The Trade Commission for Basic Products of the United States (CFTC) has announced a new regulatory initiative that promises to redefine the panorama of cryptocurrencies in the country.
Called “Crypto Sprint Initiative”this strategy represents a direct collaboration with the Bag and Securities Commission (SEC) To advance a clear regulation of the crypto sector, it indicates Cryptopolitan.
The measure is framed within the largest objectives of the Donald Trump government to position the United States as the main reference in financial technology based on Blockchain and international digital assets. According to the CFTC, The initiative aims to establish precise guidelines that benefit both investors and innovators in the sector.
A joint approach to global leadership
Caroline Pham, interim president of the CFTC, He explained that “Crypto Sprint” will begin by implementing the recommendations contained in the recent report of the President’s working group on digital asset markets. This document is part of the Trump administration commitment to transform the United States into the “Crypto capital of the world.”
The report was prepared by high -level representatives of different federal agencies and presents legislative and regulatory proposals for all aspects of the crypto industry. From banking and taxation to decentralized finances (Defi) and the stablecoins, the objective is to fill the existing legal gaps and promote a competitive ecosystem in this new digital era.
He Working Group also He urged Congress to grant the CFTC An explicit authority to supervise the spot market for digital assets that are not considered values. In parallel, the importance of integrating technologies DEFI to the traditional financial system and to establish more efficient processes to approve trading operations at the federal level.
Statements of regulatory leaders
In his public statements, Pham said: “The CFTC will not waste time to meet President Trump’s vision of turning the United States into the world capital of the crypto. We will work closely with the president of the SEC, Paul Atkins, and Commissioner Hester Peirce to specify the Crypto project.”
Pham highlighted the need to provide regulatory clarity immediately and assured that promoting innovation is key to inaugurating a new “Golden age of the crypto sector.”
For his part, Paul Atkins, current president of the Sec, supported the report of the Working Group And he argued that a rational regulatory framework is essential to protect investors, boost national innovation and maintain the leadership of US capital markets globally.
“A treasure the opportunity to collaborate with Hester Peirce, my team and the working group crypto of the sec. This unified approach with the CFTC and other federal agencies will guarantee consistency and clarity for all the actors of the ecosystem,” added.
Measures already implemented by the CFTC
Since January, the CFTC He has taken concrete measures to meet the objectives set. Among them is the realization of the first CEOS CRIPTO FORUMthe publication of new guidelines for entrepreneurs in the sector, and the withdrawal of old communications that no longer conform to the current environment.
Also, the CFTC He participated in preliminary discussions about a pilot program for digital asset markets, also observing tokenization initiatives in the industry.
The agency recently completed a public consultation period on the operation of 24/7 markets and perpetual derivatives. The latter are available in contracts for contracts registered since April, while the uninterrupted operation has been active since May.
With this initiative, the main regulatory agencies seek to lay the foundations of a more robust, competitive and inclusive crypto system for the US financial future.
Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin
Original image of UNSPLASH.
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