🇺🇸 CFTC Launches "Crypto Campaign" According to Trump's New Plan 🔹 The Commodity Futures Trading Commission (CFTC) is acting quickly to implement the new crypto executive order from President Trump 🔹 Acting Chair Caroline Pham stated they are working closely with SEC to implement the "Crypto Project" initiative 🔹 Trump's crypto advisory team has provided 18 recommendations for CFTC, including: — Clarifying how crypto is viewed as a commodity — Providing guidance on how to apply laws to DeFi — Updating regulations for blockchain-based derivative products 🔹 CFTC and SEC are also requested to jointly: — Develop clearer rules for the crypto market — Implement a "legal sandbox" to test new ideas — Allow companies to provide multiple services on the same application
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