US CFTC Chairman to Advance Voluntary Federal Registration Mechanism for Crypto Trading Platforms

Odaily: Mike Selig stated that the crypto market should enjoy the same protections as the mature safeguards that the U.S. derivatives market has employed for decades. While Congress has yet to act, the U.S. Commodity Futures Trading Commission (CFTC) is advancing a voluntary federal registration mechanism for crypto trading platforms, bringing its regulatory standards further in line with the high-standard regulatory system of U.S. financial markets.