Exchanges choosing the federal route would face requirements covering market manipulation, customer funds and proof of reserves.
Clear rules of the road are here. So what does it all mean and what is the overall impact?
The agencies step in after Congress torpedoed the Clarity Act; but the lack of rules isn't what's holding crypto back.
Better Markets said the CFTC’s proposed framework to bring certain cryptocurrency transactions and exchanges under its oversight will leave investors less protected than under the SEC.
The Commodity Futures Trading Commission (CFTC) is offering US crypto exchanges a federal route to retail leverage as Congress remains stalled on market-structure legislation. On Oct. 5, the financial regulatory agency opened rulemaking for Regulation Crypto Asset Transactions (CTX) and Regulation…
Bitcoin Magazine Coinbase’s Ryan VanGrack: CFTC Approval “Opens Many Doors” for Bitcoin Proposed SEC rules could boost direct Bitcoin ownership for advisors. Coinbase’s Ryan VanGrack explains why ETFs and direct holding can both thrive. This post Coinbase’s Ryan VanGrack: CFTC Approval “Opens Many…
The Commodity Futures Trading Commission is seeking industry feedback as it considers a federal framework for leveraged crypto markets.
CFTC Chair Michael Selig claimed that the agency was using its “existing statutory authorities“ to address crypto regulation after Congress failed to advance a market structure bill.
Bitcoin Magazine CFTC Proposes New Crypto Oversight Rules The U.S. commodities regulator has proposed a new federal framework for cryptocurrency exchanges. This post CFTC Proposes New Crypto Oversight Rules first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .
