CFTC Chair Explains New Rules: Only Federally Regulated Crypto Trading Platforms May Offer Leveraged Trading, but 100x Leverage Will Not Be Allowed
U.S. Commodity Futures Trading Commission (CFTC) Chair Michael S. Selig recently proposed a new framework for regulating crypto markets.
The key points are: only crypto trading platforms subject to
federal regulation
will be allowed to offer leveraged or margin trading to retail customers;
at the same time, extremely high leverage (such as 100x) will not be allowed.
U.S. Commodity Futures Trading Commission (CFTC) Chair Michael S. Selig recently proposed a new framework for regulating crypto markets.
The key points are: only crypto trading platforms subject to
federal regulation
will be allowed to offer leveraged or margin trading to retail customers;
at the same time, extremely high leverage (such as 100x) will not be allowed.