The U.S. Commodity Futures Trading Commission (CFTC) launches a rulemaking process to create a federal framework for leveraged retail crypto trading. The agency proposes new regulations—described as Regulation CTX and CAM—and a new category for crypto “asset market” exchanges that handle spot, derivatives, or other activities tied to leverage and margin.
The CFTC opens the proposal for public comment, with one outlet noting a 60-day comment period. The initiative aims to require certain leveraged crypto platforms to register under the CFTC’s program and to clarify how these exchanges fit within the agency’s broader oversight of regulated trading venues.
Outlets characterize the proposal as part of the CFTC’s effort to bring more structure to leveraged retail crypto trading. Coverage focuses on the proposed registration category and the specific regulatory labels (CTX and CAM), with differences mainly in emphasis rather than the core substance: the CFTC is seeking input on how leveraged and margined retail crypto trading should be governed at the federal level.
