CFTC Chair Says Crypto Exchanges Are Seeking to Join New Regulatory Framework

By: www.cnbc.com|11/13/2026 13:49:43

Michael Selig, the chair of the U.S. CFTC, stated that some crypto exchanges have expressed interest in the new digital asset regulations proposed by the CFTC in October. This regulatory framework operates on a voluntary basis, allowing exchanges registered with the CFTC to offer margin, leverage, or financing for crypto asset trading under this framework. Some new entrants hope to avoid applying for licenses on a state-by-state basis by seeking federal registration. Selig pointed out that in the face of uncertain legislative prospects, regulators will advance crypto oversight through rulemaking.

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