U.S. CFTC Proposes First Crypto Rules Under CTX and CAM After CLARITY Act Fails

The U.S. CFTC proposed its first-ever crypto rules under Regulation 'Crypto Asset Transactions' (CTX) and Regulation 'Crypto Asset Markets' (CAM), following the failure of the CLARITY Act. The Commission seeks public comments, with Chair Mike Selig noting the framework would cover CFTC-regulated exchanges comprehensively.