CFTC Opens 60-Day Comment Period on Federal Framework for Leveraged Retail Crypto Trading
The CFTC opened a 60-day comment period on October 5, 2026 for proposed CTX and CAM regulations creating a federal framework for leveraged retail crypto trading.
Why it matters
The CFTC is using existing Commodity Exchange Act authority to create federal oversight for leveraged crypto trading while Congress remains stalled on comprehensive legislation. The framework could bring offshore leveraged trading activity under U.S. regulation, but its durability depends on surviving a potential administration change after the 2028 election.
Key facts
The CFTC opened a 60-day public comment period on October 5, 2026 for proposed crypto regulations
60 daysReported by Crypto News (CryptoNews.net)
The proposed regulations are called Regulation Crypto Asset Transactions (CTX) and Regulation Crypto Asset Markets (CAM)
Reported by Crypto News (CryptoNews.net)
The framework covers retail crypto commodity transactions involving leverage, margin, or financing
Reported by Bitcoin.com News
Chairman Michael S. Selig urged crypto companies to build here under U.S. rules
Reported by Bitcoin.com News
Participation in the framework is optional for ordinary spot exchanges
Reported by CryptoSlate
TD Cowen analysts warned the rules may not be finalized before the 2028 presidential election
Reported by Crypto News (CryptoNews.net)
Blockchain.com applied for DCM and FCM licenses to offer prediction markets and crypto derivatives in the U.S.
Reported by Cointelegraph
What happened
The Commodity Futures Trading Commission launched rulemaking on October 5, 2026 for Regulation Crypto Asset Transactions (CTX) and Regulation Crypto Asset Markets (CAM), establishing a federal pathway for platforms offering retail customers margined or leveraged crypto trading. Chairman Michael S. Selig urged crypto firms to build under U.S. rules, citing the FTX collapse where approximately $8 billion in customer funds were misused. The framework would create a specialized crypto asset market category with requirements for market surveillance, customer fund handling, and manipulation prevention. Participation remains optional for spot exchanges since the CFTC cannot compel registration without congressional action. TD Cowen analysts warned the rules may not be finalized before the 2028 presidential election, risking reversal by a new administration. Meanwhile, Blockchain.com applied for DCM and FCM licenses to offer prediction markets and crypto derivatives in the U.S.
How the story developed
- First report
First report by Crypto News (CryptoNews.net)
BREAKING: CFTC Announces New Cryptocurrency Rules
- Update
CFTC opens 60-day comment period on CTX and CAM regulations
Advance notice of proposed rulemaking for federal framework on leveraged retail crypto trading
- Official statement
Official statement from Bitcoin.com News
CFTC Opens Crypto Rulebook as Selig Tells Industry ‘Build Here’
- Official statement
Chairman Selig delivers 'build here' message at Fordham symposium
Urges crypto industry to operate under U.S. regulatory framework
- Update
Chainlink expresses support for CFTC regulatory efforts
Highlights importance of oracles and proof of reserves in digital asset regulation
- Update
TD Cowen warns regulatory framework may not survive past 2028 election
Analysts project finalization could stretch into early 2028, risking reversal by new administration
- Update
Blockchain.com files for DCM and FCM registrations with CFTC
Seeks to offer prediction markets and crypto derivatives to U.S. retail and institutional customers
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 5 Oct 2026, 15:46 UTC: Crypto News (CryptoNews.net) — 1 independent source, 1 reports
- 5 Oct 2026, 17:55 UTC: Bitcoin.com News, official — 2 independent sources, 2 reports
- 5 Oct 2026, 21:14 UTC: Bitcoin Magazine — 3 independent sources, 3 reports
- 5 Oct 2026, 21:26 UTC: Crypto News (CryptoNews.net) — 4 independent sources, 4 reports
- 5 Oct 2026, 22:10 UTC: CryptoSlate — 5 independent sources, 5 reports
- 6 Oct 2026, 13:50 UTC: BTC-ECHO — 6 independent sources, 8 reports
- 6 Oct 2026, 16:00 UTC: NewsBTC — 7 independent sources, 9 reports
- 7 Oct 2026, 16:15 UTC: Crypto News Flash — 8 independent sources, 10 reports
- 9 Oct 2026, 14:14 UTC: CoinGape — 9 independent sources, 11 reports
- 9 Oct 2026, 16:22 UTC: Cointelegraph — 10 independent sources, 12 reports
- 9 Oct 2026, 18:06 UTC: Decrypt — 11 independent sources, 13 reports
- 12 Oct 2026, 09:42 UTC: Crypto.News — 12 independent sources, 16 reports
- 13 Oct 2026, 10:18 UTC: Finbold — 13 independent sources, 18 reports
Affected entities
Also mentioned: FTX, Ethereum, Hyperliquid, Chainlink, Solana, Crypto.com, NYSE