CFTC names BTC, ETH, SOL, XLM, XTZ and XRP as digital commodities in Regulation CTX rulemaking

CFTC Chairman Michael S. Selig opened the Regulation CTX rulemaking, the agency's first crypto market rules under his chairmanship, letting crypto exchanges register directly as "Crypto Asset Markets" under federal oversight. The CFTC named BTC, ETH, SOL, XLM, XTZ and XRP as "digital commodities," which generally fall outside securities law, pointing to clearer oversight and an easier route to US listings.

Detected & updated continuously · Source: Nebula