On the 5th, the U.S. Commodity Futures Trading Commission (CFTC) announced its intention to establish a comprehensive regulatory framework targeting retail cryptocurrency transactions (CTX) involving margin, leverage, and lending. The CFTC has issued an advance notice of proposed rulemaking and has begun soliciting public comments.
The advance notice of proposed rulemaking is a document that notifies the intent to formulate rules and invites public input. The CFTC has stated that it will utilize the submitted comments in the consideration of future rulemaking. Comments will be accepted in written form, with a deadline...