Update
CFTC Proposes Regulatory Framework for Crypto Markets
The US Commodity Futures Trading Commission (CFTC) is developing a federal framework for certain leveraged and margined retail crypto transactions. The proposal could give eligible crypto exchanges a route to operate under a national regulatory system rather than relying solely on state-level licensing. The agency opened a public consultation on October 5, inviting public feedback on its approach to retail commodity transactions involving crypto assets and leverage or financing.