CFTC Wants Clearer Rules for Leveraged Crypto Trading in Major US Regulatory Push

Key Summary

The US Commodity Futures Trading Commission proposes a federal framework for crypto exchanges offering leveraged trading to retail customers, aiming to provide clearer rules and customer protections. The framework, which includes Regulation Crypto Asset Transactions (CTX) and Regulation Crypto Asset Markets (CAM), seeks public input and would allow platforms to operate under state licenses or register with the CFTC. The plan aims to strengthen market integrity and facilitate innovation in the US crypto market.