CFTC Seeks Public Input on Proposed Retail Crypto Regulatory Framework

The US Commodity Futures Trading Commission has opened a consultation on rules for retail commodity transactions involving crypto assets.

The agency published an Advanced Notice of Proposed Rulemaking seeking comments on a regulatory framework for these transactions. The proposal covers requirements for retail crypto transactions and the markets where they are offered.

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The CFTC has been working towards clearer rules for retail crypto trading. In August 2025, it sought feedback on spot crypto contracts and leveraged retail transactions. In November, it discussed the possible launch of leveraged spot crypto products with regulated US exchanges.

CFTC Targets Abusive Crypto Market Practices

As part of the consultation, the CFTC is seeking views on measures to address abusive practices in crypto markets. It is also seeking input on regulatory requirements and industry practices.

In addition, the agency is considering a new category of designated contract market registration for a “crypto asset market” focused on these transactions.

The agency said its experience overseeing parts of the crypto market since 2014 has informed the practices and requirements addressed in the notice.

CFTC Chairman Michael S. Selig said the proposal is part of the agency’s work to establish a federal framework for crypto markets.

“Today’s action is a critical step in the CFTC’s ongoing efforts to ensure America remains the crypto capital of the world,” Selig said.

He said the framework would provide “clarity, certainty, and consumer protections in the crypto asset markets” while relying on the CFTC’s existing statutory authority.

.@CFTC Seeks Public Comment on Advanced Notice of Proposed Rulemaking Relating to Regulation Crypto Asset Transactions and Regulation Crypto Asset Markets: https://t.co/0RFFzG0MPp

Comments Could Shape Future Crypto Rules

The CFTC said comments received through the consultation will inform potential future action, including formal rulemaking.

The notice does not introduce new rules. It starts a process for gathering comments on how retail crypto transactions could be regulated.