🔥 CFTC OFFICIALLY ROLLS OUT RULES FOR THE CRYPTO MARKET!
⠀
After the CLARITY Act failed to make it through Congress, the Commodity Futures Trading Commission (CFTC) has officially stepped in.
⠀
* The key points that really matter:
- 2 core proposals have been released: the CTX Rule and the CAM Rule.
- The goal is to open a federal regulatory pathway for exchanges, letting them legally offer leveraged trading to retail investors under close CFTC oversight.
⠀
The crypto industry now has 60 days to submit comments and push back before the rules are finalized.
⠀
Looks like the US wants to take control and bring crypto trading, especially leverage, into a proper framework, guys
$BTC $ETH $ZEC
⠀
After the CLARITY Act failed to make it through Congress, the Commodity Futures Trading Commission (CFTC) has officially stepped in.
⠀
* The key points that really matter:
- 2 core proposals have been released: the CTX Rule and the CAM Rule.
- The goal is to open a federal regulatory pathway for exchanges, letting them legally offer leveraged trading to retail investors under close CFTC oversight.
⠀
The crypto industry now has 60 days to submit comments and push back before the rules are finalized.
⠀
Looks like the US wants to take control and bring crypto trading, especially leverage, into a proper framework, guys
$BTC $ETH $ZEC