CFTC, SEC make quick work on crypto movement
The Commodity Futures Trading Commission and the Securities and Exchange Commission are quickly falling in step with the recommendations put forth by the President’s Working Group on Digital Assets last week — the CFTC with a “crypto sprint,” and the SEC with an initiative dubbed Project Crypto, its plan for global crypto market primacy.
The regulators are “wasting no time in fulfilling President Trump’s vision to make America the crypto capital of the world,” said Acting Chairman Caroline Pham, who said the CFTC would work closely with SEC Chairman Paul Atkins and Commissioner Hester Peirce on Project Crypto.
“Providing regulatory clarity now and fostering…