Regulation· ★★★★· bullish·

Crypto Market Digest for October 5: CFTC Proposes First Rules, FinCEN Withdraws Two Proposals

  • —CFTC proposes Regulation CTX and CAM — its first formal crypto-market rules
  • —FinCEN withdraws 2023 mixing rule and 2020 self-hosted wallet rule
  • —Bank of Russia opens applications for crypto exchanges and custodians, 30-day review
  • —ICE and OKX notify SEC of plans for 24/7 tokenized US stock trading venue
Why it matters: The CFTC rulebook and FinCEN withdrawals reduce US regulatory pressure on crypto, while tokenized equities open TradFi assets to onchain trading.
Source: The Crypto Basic