⥠U.S. JUST MADE A BIG MOVE ON CRYPTO REGULATION đ$BTC
The CFTC has proposed a new federal framework for crypto exchanges offering leveraged or margined trading.$AKE
Instead of dealing with different rules across U.S. states, exchanges could choose a single federal regulatory framework.$ETH
The proposal would also require things like proof of reserves and stronger anti-manipulation controls. ïżœ
Reuters
đ„ Why it matters:
Clearer rules could make it easier for major financial companies to enter crypto â but the proposal still faces legal and political questions.
đ Is more regulation good for crypto, or does it hurt the industry?
#Crypto #BreakingNews #CFTC #Bitcoin #Blockchain #BinanceSquare
The CFTC has proposed a new federal framework for crypto exchanges offering leveraged or margined trading.$AKE
Instead of dealing with different rules across U.S. states, exchanges could choose a single federal regulatory framework.$ETH
The proposal would also require things like proof of reserves and stronger anti-manipulation controls. ïżœ
Reuters
đ„ Why it matters:
Clearer rules could make it easier for major financial companies to enter crypto â but the proposal still faces legal and political questions.
đ Is more regulation good for crypto, or does it hurt the industry?
#Crypto #BreakingNews #CFTC #Bitcoin #Blockchain #BinanceSquare
