CFTC proposes rules to oversee crypto margin and leverage trading
CIE News ·
The CFTC proposed rules on October 5, 2026, to regulate leveraged and margin-dependent crypto trading, introducing a platform category called Crypto Asset Markets subject to a 60-day comment window.
The U.S. Commodity Futures Trading Commission proposed two rules on October 5, 2026, to establish oversight of crypto transactions involving leverage, margin, or financing, CoinDesk reported. The initiatives, designated as Regulation Crypto Asset Transactions and Regulation Crypto Asset Markets, create a specialized registration category for platforms called crypto asset markets.
According to CFTC Chairman Mike Selig, the measures aim to codify national oversight standards for exchanges utilizing statutory authorities rather than enforcement. Under the framework, platforms supporting leveraged trading will face CFTC requirements, including proof-of-reserves standards for customer funds and restrictions preventing the listing of manipulation-prone assets.
CoinDesk reported that direct spot market trading remains outside this regulatory umbrella because the agency lacks jurisdiction over spot commodities, leaving basic token trading under state-level money transmission laws. The CFTC opened a 60-day public comment period to collect industry feedback on both proposed rules.