CFTC Proposes Federal Crypto Trading Rules After CLARITY Act Stalls

TLDR The CFTC published an Advanced Notice of Proposed Rulemaking on October 5 covering leveraged and margined retail crypto trades. Qualifying exchanges could opt into federal oversight under a new category called “crypto asset markets.” Proof of reserves, anti-manipulation controls and customer protections are expected requirements. The move follows a 49-50 Senate procedural vote in [...]

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