Announcement
CFTC opens comment process for proposed crypto trading framework
The agency said it wants a comprehensive rule set for certain crypto retail commodity transactions, while reporting says the plan sketches new CTX and CAM frameworks and a federal path for some exchange trading.
TLDR
The CFTC said it has opened public comment on a proposed crypto rulemaking framework for certain retail commodity transactions involving crypto assets. Reporting says the plan includes new CTX and CAM frameworks that could give CFTC-registered venues a federal path for some crypto trading, including margined or leveraged retail activity, though Chairman Michael Selig said Congress is still needed for a broader statutory framework.
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