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      CFTC seeks comment on framework to bring leveraged retail crypto transactions onto regulated exchanges

      On October 5, the CFTC announced an advance notice of proposed rulemaking previewing “Regulation Crypto Asset Transactions” and “Regulation Crypto Asset Markets.” The rules would apply section 2(c)(2)(D) of the Commodity Exchange Act (CEA), which covers retail commodity transactions offered on a leveraged, margined or financed basis, to crypto assets....
      By: Orrick, Herrington & Sutcliffe LLP

      Source: JD Supra
      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud