CFTC advances single federal regulatory option for crypto exchanges

Crypto exchanges could be allowed to choose a single federal framework under CFTC oversight instead of navigating state-by-state regulation. Whether exchanges will find the framework attractive remains uncertain. In an Oct. 16 CoinDesk interview, CFTC official Michael Pasalacqua said the goal was to let crypto exchanges opt into one nationally uniform federal framework overseen by the agency. He stressed that his comments represented his personal views and did not necessarily reflect those of the commission or its broader staff.

Source: TokenPost