CFTC Initiates Crypto Sprint for Regulation Clarity

• Lyla Velez
• August 4, 2025
• Policy
• 0 Comments

The initiative marks a strategic effort to place the United States at the forefront of digital asset regulation, indicating substantial shifts in market dynamics.

The CFTC, led by Acting Chair Caroline D. Pham, is working closely with the SEC as part of “Project Crypto.” The initiative aims to deliver regulatory clarity and aligns with President Trump’s executive order from January 2025.

The CFTC is wasting no time in fulfilling President Trump’s vision to make America the crypto capital of the world… We will work closely with SEC Chairman Paul Atkins and Commissioner Hester Peirce to achieve Project Crypto. Providing regulatory clarity now and fostering innovation in digital asset markets will deliver on the Administration’s promise to usher in a Golden Age of Crypto. — Caroline D. Pham, Acting Chair, CFTC

All major US-traded crypto assets, notably BTC and ETH, fall within the project’s scope. The Genius Act targets stablecoins, including USDT and USDC. Market effects include an all-time high in global crypto market capitalization, though specific funding or on-chain data remain undisclosed.

The project’s implications extend into financial regulation and digital markets, highlighting the Genius Act’s focus on stablecoins with US governance. Layer 1 protocols, DeFi assets, and US-based liquidity sources are directly impacted.

Potential outcomes include enhanced US market attractiveness, possible regulatory adaptations impacting global crypto engagement, and shifts in technological transparency. Regulatory actions signal a move towards unified oversight and a significant position in the crypto industry.