CFTC Proposes New Federal Crypto Rules
The US commodities regulator proposed a new federal framework for cryptocurrency exchanges offering leveraged trading. The rules establish a new trading venue category with anti-manipulation and reserve controls.
The United States commodities regulator proposed a federal framework for crypto exchanges offering leveraged spot trading on Monday afternoon. The move brings parts of the digital asset market under federal oversight following legislative gridlock in Congress. The framework gives platforms an alternative to state money-transmitter licenses.
