Another landmark week for digital asset adoption. From CFTC launching crypto initiatives to JPMorgan trading $5B in cross-ledger repos, the move toward onchain infrastructure is accelerating across every level of the financial system. Here are the biggest developments from the past week. 👇 1️⃣ CFTC launches Crypto Sprint with immediate action. The Commodity Futures Trading Commission launched Crypto Sprint to implement digital asset market recommendations. Their first major initiative provides clarity on listing spot crypto contracts on CFTC-registered futures exchanges. 2️⃣ Trump signs Executive Order expanding 401k crypto access. The Executive Order notes that while 90+ million Americans participate in employer retirement plans, most lack access to alternative asset investments including crypto. The order aims to democratize access to these growth opportunities. 3️⃣ BBVA partners with Binance for institutional custody. Spanish bank BBVA will provide Binance customers with off-exchange asset custody, allowing traders to hold funds in US Treasuries with BBVA as collateral for exchange trades. 4️⃣ JPMorgan launches interoperable repo solution, trades $5B in month one. JPMorgan, HQLA-X, and Ownera launched a cross-ledger repo solution enabling seamless cash and collateral exchange across different DLT platforms, with $5B traded in the first month.