WASHINGTON: The Commodity Futures Trading Commission (CFTC) has unveiled a proposal to regulate digital asset transactions and markets, drawing on the agency’s existing authority after crypto market structure legislation was blocked last month.

If finalised, the measure would regulate leveraged crypto trades offered to retail customers.

It would also establish a new category for crypto exchanges offering the leveraged trades to register with the agency.

Leveraged, financed or margin trading allows traders to borrow funds to potentially multiply their gains along with possible losses.

“The American people deserve clarity, certainty, and consumer…