US Regulators Begin ‘Crypto Sprint’ as CFTC Teams with SEC on Trump’s Crypto Plan

Key Points

1. The CFTC launched a 'crypto sprint' to implement President Trump’s digital asset agenda, coordinating with the SEC on regulatory acceleration.

2. The CFTC introduced 24/7 trading and perpetual derivatives on registered markets, while the SEC announced 'Project Crypto' to move financial markets on-chain.

3. A White House report outlines a comprehensive digital asset strategy, categorizing cryptocurrency as the 'next' major market and reversing 'Operation Chokepoint 2.0' policies.

4. Senator Elizabeth Warren raised concerns about potential conflicts of interest involving Trump family cryptocurrency ventures, including a $2 billion deal linked to a Trump-affiliated stablecoin.

5. Trump’s crypto holdings and industry donations to his campaign are significant, with Trump Media planning a 'Truth Token' rewards program and major Bitcoin investments.