From The Motley Fool · Alex Carchidi · · 1m 10s
CFTC Chairman Michael Selig Says New Crypto Rules Are Coming Soon
CFTC chairman Michael Selig confirms new crypto rules will follow failed Senate bill.
In brief
CFTC chairman Michael Selig confirms new crypto rules will follow failed Senate bill. CFTC proposes rules for middle rung of crypto exchanges to manage margin risks before legislative action. Originally reported by The Motley Fool.
CFTC rulemaking advance
CFTC chairman Michael Selig told staff to explore crypto rules under existing powers after Clarity Act failed Senate vote on Sept 15.
New rules target middle rung
Proposed rules cover exchanges offering margin trading, which magnifies gains and losses for investors.
XRP and Ethereum classified as commodities
CFTC-SEC jointly categorized ethereum, solana, and xrp as digital commodities in march 2026.
Hyperliquid at highest risk
Hyperliquid's decentralized exchange for perpetual futures puts it on top rung of crypto exchange classification.
Regulatory requirements for exchanges
Exchanges might need to report reserves, segregate client funds, and undergo token reviews for ownership concentration.
Timeline for rule implementation
CFTC will publish proposed rules after 60-day public comment period, with final rules likely in 2027.
Institutional capital impact
New rules could attract institutional investors by providing federal options for crypto trading.
What matters most
CFTC proposes rules for middle rung of crypto exchanges to manage margin risks before legislative action.
