CFTC advances voluntary crypto exchange registration as Congress stalls
AI summary
CFTC Chairman Mike Selig said the agency has advanced a voluntary federal registration pathway for crypto exchanges, announced in an Oct. 26 X post, while Congress has yet to pass a crypto market-structure law. The move gives exchanges an optional route to federal oversight without waiting for legislation. Traders would watch whether major venues opt in, since voluntary registration could shape compliance costs and the regulatory footing of U.S. crypto trading.
