US Regulators Launch Coordinated Initiatives to Streamline Crypto Policy

Perianne Boring, a leading advocate in the digital asset sector, recently underscored the proactive efforts by U.S. financial regulators to forge clear cryptocurrency policies. "Market structure legislation is essential to future-proof crypto policy. But agencies don’t have to wait — they can act now," Boring stated in a social media post on August 7, emphasizing that the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are actively utilizing existing authority to bring clarity and relief to the markets. She specifically cited the SEC’s "Project Crypto" and the CFTC’s "Crypto Sprint" as key initiatives, urging continued momentum in these regulatory advancements.

Perianne Boring is the founder and former CEO of the Chamber of Digital Commerce, recognized as the world's largest trade association representing the blockchain industry. Her career includes experience as a legislative analyst in the U.S. House of Representatives, advising on finance and economic policy, which has shaped her deep understanding of regulatory frameworks. Boring has consistently championed for a supportive and clear regulatory environment for digital assets in the United States, advocating for policies that promote innovation rather than stifle it.

The SEC's "Project Crypto," unveiled by Chairman Paul Atkins on July 31, 2025, signifies a notable departure from the agency's previous enforcement-heavy stance. This Commission-wide initiative aims to modernize securities rules, facilitating the movement of American financial markets "on-chain" and positioning the U.S. as a global crypto hub. Project Crypto will focus on creating clear guidelines for crypto asset classification, updating custody requirements, and providing regulatory flexibility to foster innovation.

In parallel, the CFTC launched its "Crypto Sprint," announced by Acting Chair Caroline Pham on August 1, 2025, to swiftly implement recommendations from the President's Working Group on Digital Asset Markets. This initiative focuses on clarifying the commodity status of various cryptocurrencies and enabling spot crypto trading on CFTC-registered futures exchanges. The CFTC aims to establish a predictable and transparent regulatory pathway for the digital asset space, inviting public feedback to shape its framework.

Both "Project Crypto" and the "Crypto Sprint" are integral to the Trump administration's overarching goal of making the United States the "crypto capital of the world." SEC Chairman Atkins and CFTC Acting Chair Pham have publicly affirmed their close coordination, aiming to unify regulatory approaches and overcome past ambiguities. This collaborative effort represents a significant shift towards a more integrated and proactive federal strategy for digital asset regulation.

These coordinated regulatory initiatives are anticipated to provide much-needed certainty, potentially encouraging crypto businesses that had previously moved offshore to return to the U.S. By distinguishing between securities and commodities and modernizing existing regulations, the agencies seek to balance innovation with investor protection. Perianne Boring's call to "keep the momentum going" reflects the industry's optimism for sustained progress in establishing a comprehensive and clear regulatory landscape, fostering a more robust domestic digital asset ecosystem.