🇺🇸 The CFTC isn't waiting for Congress anymore.
After the Clarity Act stalled in the Senate in September, CFTC Chair Michael Selig says the agency will build a federal crypto pathway using the authority it already has.
On Monday the CFTC opened a 60-day public comment period on two proposals:
📌 Regulation CTX for retail crypto transactions, including leveraged trading
📌 Regulation CAM for crypto markets
Ideas on the table include proof of reserves, segregated customer funds, and registered intermediaries.
Clear rules could pull more institutional money into $BTC, $ETH and $SOL . Or more red tape could slow everything down. 🤔
Bullish catalyst or new headache? Drop your take below 👇
#CFTC #CryptoRegulation #Bitcoin
After the Clarity Act stalled in the Senate in September, CFTC Chair Michael Selig says the agency will build a federal crypto pathway using the authority it already has.
On Monday the CFTC opened a 60-day public comment period on two proposals:
📌 Regulation CTX for retail crypto transactions, including leveraged trading
📌 Regulation CAM for crypto markets
Ideas on the table include proof of reserves, segregated customer funds, and registered intermediaries.
Clear rules could pull more institutional money into $BTC, $ETH and $SOL . Or more red tape could slow everything down. 🤔
Bullish catalyst or new headache? Drop your take below 👇
#CFTC #CryptoRegulation #Bitcoin