TREE NEWS update: The U.S. Commodity Futures Trading Commission issued an advance notice of proposed rulemaking to build a comprehensive, tailored regulatory framework for retail crypto asset trading. Chairman Michael Selig said the move responds to President Trump’s directive to use the CFTC’s existing statutory authority to construct federal crypto market structure. Selig said the effort aims to preempt fraud schemes like the FTX collapse rather than prosecute after the fact. The agency is seeking public comment and wants a designated contract market subcategory for crypto.
CFTC Proposes Tailored Regulatory Framework for Retail Crypto Trading
AI take
The significance here is jurisdictional: the CFTC is positioning itself as the primary federal regulator for retail crypto trading by stretching existing statutory authority rather than waiting for new legislation. That matters most for venues weighing whether to register as designated contract markets, and for the SEC, whose turf this implicitly overlaps. The FTX framing sets the political logic — prevention over enforcement — but the substance sits in the comment process and whether a crypto-specific DCM subcategory actually materializes as a defined status.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
10m ago
ECB’s Buch Opposes EU Push to Weaken Bank Output Floor
1h ago
FTC Chair Ferguson Warns 24 Healthcare Firms Over Deceptive Pricing
1h ago
OKX Files with SEC to Launch Tokenized US Stock Trading, Starting with Nvidia and Apple
2h ago
Putin Approves UniCredit’s Split of Russian Business
2h ago
OpenAI to Add Text Watermarking for ChatGPT Users in EU Market
6h ago
Polymarket Weekly Volume Tops $545M; Brazil Election Market Hits $165M