The U.S. CFTC proposed two regulatory rules on Monday to establish a comprehensive cryptocurrency regulatory framework based on the oversight of leverage and margin: Regulation CTX, which would directly regulate transactions, and Regulation CAM, which would regulate companies facilitating transactions and establish a new platform, “Crypto Asset Markets” (CAMs). Crypto activities involving leverage, margin, or financing would fall under regulatory oversight. This move cannot cover the spot market in its entirety, and regulations governing the transmission of spot-market funds would remain under state jurisdiction, with the CFTC only able to combat fraud and manipulation. However, it would provide a regulatory framework for advanced products through a federally regulated platform, with a 60-day public comment period.