CFTC Proposes First Crypto Market Structure Without Spot Market
The Commodity Futures Trading Commission has established its initial crypto market structure framework while purposely excluding the spot market.
The Commodity Futures Trading Commission has built its first crypto market structure while deliberately leaving the spot market outside of the framework, according to Forkast.
The regulatory move establishes foundational parameters for specific segments of the digital asset industry under the agency's purview, omitting direct oversight of spot cryptocurrency trading.
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Regulatory Scope
The framework outlines supervisory boundaries for digital asset derivatives and related instruments, reflecting the agency's current legislative and jurisdictional limitations regarding cash markets.
Key facts
- The Commodity Futures Trading Commission built its first crypto market structure
- The framework deliberately leaves the spot market outside its scope
Source: news.google.com
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