
CFTC to write crypto rules under existing authority as CLARITY Act stalls
- —CTX would let U.S. retail investors trade spot crypto on margin and with leverage
- —CAM proposes a federal registration pathway for exchanges, reducing state licensing
- —Selig said the rules aim to strengthen customer fund protections and curb conflicts
- —The proposals are at an early stage after Congress failed to pass the CLARITY Act
Why it matters: Federal rules would simplify nationwide operations for Coinbase and Kraken and cut regulatory uncertainty across the U.S. crypto market.
Source: Cryptonews.net
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