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CFTC Consults on Crypto Transactions, Markets Regulation

CFTC Consults on Crypto Transactions, Markets Regulation

CFTC Consults on Crypto Transactions, Markets Regulation

The Commodity Futures Trading Commission today published an Advanced Notice of Proposed Rulemaking to provide notice of, and seek public comment regarding, its intent to establish a comprehensive regulatory framework comprised of fit-for-purpose rules concerning section 2(c)(2)(D) of the Commodity Exchange Act and retail commodity transactions described thereunder involving crypto assets (such transactions, “CTXs”).

“The action is a critical step in the CFTC’s ongoing efforts to ensure America remains the crypto capital of the world,” Chairman Michael S. Selig said. “The American people deserve clarity, certainty, and consumer…

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