The U.S. Commodity Futures Trading Commission (CFTC) has announced a major step toward integrating cryptocurrency into the traditional financial system by launching a new program to enable spot crypto asset trading on registered futures exchanges, known as designated contract markets (DCMs). This move marks a shift toward federal-level crypto adoption and regulatory clarity, as the CFTC collaborates with the SEC to define how digital assets should be classified and traded.

Acting CFTC Chairman Caroline Pham stated Monday that the agency is inviting stakeholders to provide input on how to list spot crypto contracts under current regulatory authority. The comment period is open until August 18. This initiative forms the first phase of the CFTC’s “Crypto Sprint,” a project aimed at fast-tracking key recommendations from a White House digital asset report.

The report, backed by President Trump’s digital asset working group, recommends giving the CFTC jurisdiction over crypto assets categorized as commodities. Alongside the SEC’s “Project Crypto” initiative, this collaborative effort could pave the way for secure, regulated, and accessible digital asset trading across the U.S. financial system.

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Sequans Communications S.A. (NYSE: SQNS), has expanded its Bitcoin treasury with the purchase of 85 additional bitcoins, totaling approximately \$10 million. The acquisition was made at an average price of $117,360 per bitcoin, including fees, reflecting the company’s strong confidence in the future of cryptocurrency.

As of August 1, 2025, Sequans holds 3,157 bitcoins. The company’s total net investment in bitcoin has reached approximately $368.5 million, with an average acquisition price of $116,708 per bitcoin. A leader in 5G and 4G IoT semiconductor solutions, Sequans continues to strengthen its pro-crypto position by integrating digital assets into its financial strategy.

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Crypto continues its climb as the total assets under management (AUM) for gold and bitcoin ETFs have crossed $500 billion for the first time, according to the latest Bold Report. Gold ETFs currently account for about $325 billion, while bitcoin ETFs have soared to $162 billion as of early August 2025.

Bitcoin’s sharp rise is driven by the launch of US spot bitcoin ETFs. Prior to their approval, global bitcoin ETF AUM was around $20 billion. Since then, it has grown more than eightfold, signaling a major shift in institutional interest. Gold ETFs have also expanded significantly, nearly doubling from $170 billion, showing strong demand for both traditional and digital stores of value.

Over the past five years, gold ETFs have shown a steady upward trend, while bitcoin ETFs have surged rapidly. Since the US bitcoin ETF debut, bitcoin’s price has jumped nearly 175%, compared to a 66% rise in gold, reflecting bitcoin’s growing appeal and higher volatility.

Bold Report

The US Commodity Futures Trading Commission has kicked off a new “crypto sprint” to fast-track recommendations from President Trump’s working group on digital assets. Acting Chair Caroline Pham announced the CFTC will closely collaborate with SEC Chair Paul Atkins and Commissioner Hester Peirce under “Project Crypto,” aiming to deliver clear crypto regulations and support innovation.

President Trump’s administration issued 18 recommendations for the CFTC, including guidance on crypto classification, decentralized finance, and blockchain-based derivatives. The agency has been urged to explore modern rulemaking and consider amending existing policies to accommodate digital assets, while helping crypto companies understand regulatory responsibilities. Many of these tasks will be coordinated with the SEC and other financial agencies.

Pham confirmed the CFTC is already working on these initiatives and has withdrawn outdated crypto advisories. Meetings with crypto industry leaders have taken place, and the agency recently wrapped up consultations on 24/7 derivatives trading. Trump has nominated crypto policy expert Brian Quintenz to lead the agency, signaling a strong pro-crypto future for the United States.

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Japanese beauty chain Convano Inc has announced plans to acquire 21,000 bitcoins by March 2027, marking a significant shift toward cryptocurrency adoption in the corporate world. The company recently raised 2 billion yen, or about $13.54 million, to fund its bitcoin buying spree, signaling a firm belief in the digital asset’s long-term value.

Convano purchased around 165 bitcoins within just two weeks of launching the initiative, showing strong early momentum. The company sees bitcoin as a hedge against currency volatility and a strategic reserve asset, highlighting a rising trend among Japanese firms exploring crypto for financial resilience. Analysts say this move could influence other non-tech firms to follow suit, as they look for innovative ways to diversify their treasuries.

The strategy reflects Japan’s evolving approach to digital finance, as regulatory clarity improves and market infrastructure strengthens. Convano’s bold step underscores a growing corporate interest in bitcoin and could help accelerate mainstream adoption of cryptocurrencies across industries.

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Japanese bitcoin treasury firm Metaplanet has made another major move in its crypto strategy, purchasing 463 BTC worth $53.7 million. The company revealed on Monday that the latest acquisition was made at an average price of $115,895 per bitcoin. With this buy, Metaplanet now holds 17,595 BTC, valued at roughly $1.78 billion, based on an average price of $101,422 per bitcoin.

The company recently filed plans to raise up to 555 billion yen, or $3.7 billion, by issuing new perpetual preferred shares. This move aims to strengthen its long-term bitcoin buying strategy. CEO Simon Gerovich emphasized that Metaplanet is building a range of tools to support its bitcoin acquisitions and drive long-term shareholder value.

Metaplanet currently ranks seventh globally among bitcoin-holding companies. It stands just behind major firms such as Strategy, MARA, XXI, Bitcoin Standard Treasury Company, Riot, and Trump Media, according to Bitcointreasuries data. The company continues to push forward with its Bitcoin standard approach, signaling strong institutional support for crypto.

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