
On the 5th, Michael Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), delivered a speech at a symposium held by Fordham University Law School in New York. He explained a framework for a new registration category under federal regulation, called 'Cryptocurrency Market,' specifically for exchanges that handle individual cryptocurrency transactions (CTX) involving margin, leverage, and lending. This was part of the pre-notification content announced on the same day aimed at rule-making. ...