The CFTC wants to take control of crypto exchanges.
They’re seeking public comments on a new regulatory framework.
Leverage is key to all of this.
If an exchange offers leveraged trading, it will need a new federal license.
Basically, the regulator wants to closely monitor how risk is managed on these platforms.
It’s a significant change for those who trade derivatives daily.
What do you think of the agency’s move?
$BTC #Cripto #Regulation
They’re seeking public comments on a new regulatory framework.
Leverage is key to all of this.
If an exchange offers leveraged trading, it will need a new federal license.
Basically, the regulator wants to closely monitor how risk is managed on these platforms.
It’s a significant change for those who trade derivatives daily.
What do you think of the agency’s move?
$BTC #Cripto #Regulation
