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The U.S. CFTC has issued an advance notice of proposed rulemaking for crypto, covering retail margin/leveraged trading and a new trading platform category. The Chairman referred to it as a federal option, stating that spot trading oversight remains with the states, and clarified that delivery to a non-custodial wallet within 28 days would be exempt.
The U.S. Commodity Futures Trading Commission (CFTC) has issued an Advance Notice of Proposed Rulemaking (ANPR) covering retail cryptocurrency margin, leveraged, or financed transactions, and establishing a new trading platform registration category for them. CFTC Chairman Michael Selig called it a "federal option, not a mandate." The notice would also codify delivery to a customer's own non-custodial wallet within 28 days as an exception to on-exchange transactions, while regulatory authority for spot transactions would remain with the states.
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