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Sidley says it reviewed the CFTC’s proposed retail crypto framework
Sidley said it published a Securities Enforcement and Regulatory Update examining the CFTC’s advance notice of proposed rulemaking on retail crypto transactions. The firm said the article addresses the contemplated transaction framework and a proposed federal registration pathway for exchanges offering covered crypto transactions.
Key points
- Sidley said the notice seeks input before the agency develops specific regulatory text.Sidley
- The firm said its analysis examines the statutory actual-delivery exception.Sidley
- Sidley said it discusses custody, financing, clearing and vertically integrated business models.Sidley
- The firm said comments on the advance notice are due December 14, 2026.Sidley