The U.S. Commodity Futures Trading Commission (CFTC) on Monday proposed two rules, Regulation Crypto Asset Transactions (CTX) and Regulation Crypto Asset Markets (CAM), to establish a comprehensive regulatory framework for crypto activity involving leverage, margin, or financing. These rules would create a new category of platforms known as crypto asset markets (CAMs) under uniform national oversight.

CFTC Chairman Mike Selig stated the move aims to fill regulatory uncertainties due to Congress's inability to pass a crypto law. However, the CFTC's efforts still lack authority over spot markets (direct, non-leveraged trading), though it can police fraud and manipulation in those markets. This action follows the stalled Digital Asset Market Clarity Act and aligns with the SEC's ongoing crypto policy developments.