Bitcoin News
By Dan Saada
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What RIN 3038-AF80 Actually Covers. The title alone tells you a lot. "Crypto Asset Transactions" and "Crypto Asset Markets" — both,…
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Why Exchanges Are Watching Closely. Crypto firms have been paying close attention to this. It's not hard to see why.
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The Bigger Regulatory Picture. The CFTC has been navigating a complicated space. Digital assets don't fit neatly into the…
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The CFTC just sent its crypto rulemaking to the White House. The submission landed at the Office of Information and Regulatory Affairs on September 17, logged under RIN…
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Not a final rule. Not even close. The proposal sits at the pre-rule stage, which means it's grinding through executive-branch review before it ever goes public.
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The title alone tells you a lot. "Crypto Asset Transactions" and "Crypto Asset Markets" — both, together, in one rulemaking package. That's a wide net.
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The critical areas everyone's watching: margin requirements, participant eligibility, exchange registration, clearing processes, and how leveraged retail products get treated.
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Perpetual-style contracts are a particular pressure point. They've been operating in a murky space — not quite futures, not quite spot, and the existing framework for futures and…
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Crypto firms have been paying close attention to this. It's not hard to see why. The derivatives market for digital assets has grown fast, and firms have largely been operating…
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A formal rulemaking changes that. It creates a public comment period, a defined record, and eventually a rule that has to be challenged through proper legal channels if anyone…
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Related: CFTC Eases Broker Registration for Crypto Wallets, Unlocking Derivative Market Access
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Registration requirements are probably the biggest wildcard. If the CFTC moves to require formal registration for certain crypto derivatives venues — or expands what "exchange"…
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And none of that is certain yet. The OIRA review stage doesn't tell you what the rule will actually say. It tells you the CFTC has something ready to put on paper.
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The CFTC has been navigating a complicated space. Digital assets don't fit neatly into the agency's existing framework, which was built around traditional futures markets.
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It's also worth noting what this isn't. It's not an SEC action. It's not a joint rulemaking.
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