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CFTC reportedly proposes its first-ever U.S. crypto market rules

A crypto account says the proposed rules would target abusive practices and create a crypto-specific market registration framework.

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3 Sources, 2h ago, first seen 2h ago

TLDR

Two crypto-focused accounts say the CFTC is proposing its first-ever rules for U.S. crypto markets. One says the proposal would target abusive practices, set standards for common industry practices, create a crypto-specific market registration framework and add protections against fraud and FTX-style failures.

Combined views

63.6K

3 Sources, first seen 2h ago

851 likes90 comments46 saves115 reposts

Combined views

63.6K

3 Sources, first seen 2h ago

851 likes90 comments46 saves115 reposts

Sentiment

Positive78%22%Negative

Summary

Positive accounts welcomed the CFTC's first proposed U.S. crypto market rules for enabling innovation and stopping abuses like those behind FTX, while some worried about added taxes and uncertain effectiveness.

Based on 51 sentiment-bearing replies from 51 accounts across 3 conversations.

Sentiment

Positive78%22%Negative

Summary

Positive accounts welcomed the CFTC's first proposed U.S. crypto market rules for enabling innovation and stopping abuses like those behind FTX, while some worried about added taxes and uncertain effectiveness.

Based on 51 sentiment-bearing replies from 51 accounts across 3 conversations.

3 Sources

@DylanTeilU.S. crypto regulation is entering a new phase.2h
@AshCryptoBREAKING: 🇺🇸 CFTC proposes its first-ever rules to regulate the U.S. crypto market. The rules would focus on: 1. Stopping abusive practices across crypto markets. 2. Setting clear standards for common crypto industry practices. 3. Creating a crypto-specific market registration framework. 4. Adding protections to prevent fraud and FTX-style failures.2h
@TheBitcoinConf🇺🇸 THE CFTC IS PROPOSING ITS FIRST-EVER U.S. #BITCOIN AND CRYPTO MARKET RULES 👀 "The last chapter of crypto regulation was written by crisis." "The new frontier of finance will be written by opportunity, innovation and clear rules." 🚀1h
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    3 Sources

    @DylanTeilU.S. crypto regulation is entering a new phase.2h
    @AshCryptoBREAKING: 🇺🇸 CFTC proposes its first-ever rules to regulate the U.S. crypto market. The rules would focus on: 1. Stopping abusive practices across crypto markets. 2. Setting clear standards for common crypto industry practices. 3. Creating a crypto-specific market registration framework. 4. Adding protections to prevent fraud and FTX-style failures.2h
    @TheBitcoinConf🇺🇸 THE CFTC IS PROPOSING ITS FIRST-EVER U.S. #BITCOIN AND CRYPTO MARKET RULES 👀 "The last chapter of crypto regulation was written by crisis." "The new frontier of finance will be written by opportunity, innovation and clear rules." 🚀1h
    Today's Rank

    #10

    Today's Rank

    #10