The CFTC has issued an official statement proposing a first series of regulations for crypto platforms registered with its services, in the form of two frameworks called Regulation Crypto Asset Transactions (CTX) and Regulation Crypto Asset Markets (CAM). This initiative aims to replace the post-hoc regulatory strategy practiced so far by the SEC and the CFTC, which was blamed for creating an environment likely to foster new FTX-like collapses. CFTC Chairman Mike Selig stated that these new rules should establish fair playing conditions for innovators and market participants. Additionally, the US Treasury Department has officially abandoned two regulatory proposals concerning self-hosted wallets and crypto mixers.
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