CNBC: CFTC Chairman Says Crypto Exchanges Express Interest in Proposed Regulatory Framework
According to an exclusive interview with CNBC, Commodity Futures Trading Commission (CFTC) Chairman Michael Selig stated that several crypto exchanges are planning to opt into the agency's proposed digital asset regulatory framework. He noted that many major exchanges offering derivatives are already registered with the CFTC and are looking to further expand into spot trading. Additionally, new entrants have expressed interest in applying for a unified license with the CFTC to reduce the burden of navigating multiple state-level regulatory regimes. The relevant rules were proposed in October, and the aforementioned remarks reflect the Chairman's comments on the proposed framework and industry intentions.
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