- The US CFTC said it is pursuing a voluntary federal registration system for cryptocurrency exchanges.
- The move is aimed at establishing a supervisory framework for exchanges before related legislation is passed by Congress.
- The CFTC added that it plans to use the system to help cryptocurrency exchanges meet the US’s high market oversight standards.
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The US Commodity Futures Trading Commission is pursuing a voluntary federal registration system for cryptocurrency exchanges. The move is intended to establish a supervisory framework for exchanges before Congress passes related legislation.
On October 26, CFTC Chairman Mike Selig wrote on X, formerly Twitter, that the…
