CFTC, SEC Launch Crypto Regulation Sprint to Refine Rules

Published: 2025-08-04 08:05:19 |

CFTC and SEC have launched a joint ’crypto sprint’ to implement the White House’s crypto regulation recommendations. Acting CFTC Chair Caroline Pham will work with SEC leaders to execute 18 proposals from the President’s Working Group on Digital Assets. Two plans focus on CFTC actions: issuing guidance to classify cryptocurrencies as commodities and updating rules for blockchain-based derivatives. The remaining measures call for joint rule-making, a regulatory sandbox, and clearer jurisdiction over spot markets for non-security tokens. Pham’s team has met industry stakeholders, withdrawn outdated guidance, and sought feedback on 24/7 derivatives trading and perpetual contracts. Brian Quintenz is pending Senate confirmation as CFTC Chair. The initiative aims to improve crypto regulation, foster DeFi innovation, and strengthen the U.S. as a global crypto hub. Traders can expect clearer rules, greater market stability, and new opportunities in digital asset trading.

Bullish

This coordinated crypto regulation effort is likely to be bullish. In the short term, clearer guidelines reduce uncertainty and can boost trading volumes. In the long term, harmonized rules and a regulatory sandbox encourage institutional participation and DeFi innovation. Overall, improved compliance frameworks and legal certainty should support sustainable growth and market stability.