Regulation· ★★★★· neutral·

CFTC's new crypto market plan faces scrutiny after Loper Bright

  • —ANPRM published October 5, 2026, with a 60-day comment window
  • —Regulation CTX targets leveraged and margined retail crypto transactions
  • —Regulation CAM creates a crypto market subcategory with proof-of-reserves duties
  • —Unleveraged spot trading stays under state money-transmitter licenses
Why it matters: A federal registration path could bypass Congress, but court challenges may stall enforcement of the framework indefinitely.
Source: Crypto Briefing