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CFTC launches a new round of encryption sprint plans to advance the regulation of digital asset spot trading.
[Coin World] According to reports, Caroline D. Pham, acting chair of the Commodity Futures Trading Commission (CFTC), announced on August 21 that the CFTC will launch the next phase of its encryption sprint plan to implement the recommendations from the President's Working Group on Digital Asset Markets report. The plan focuses on advancing federal-level digital asset spot trading and will coordinate with the SEC's "Crypto Project," responding to the President's call for the U.S. to achieve leadership in the encryption field. Pham stated that the CFTC will widely solicit feedback from stakeholders covering topics such as leverage, Margin, and financing retail trading, and will open the public comment period until October 20.