CFTC Axes Outdated Crypto Rules, Paving Way for Modern Oversight
The Commodity Futures Trading Commission has formally rescinded its earlier guidance on digital assets, a step regulators say is needed to keep pace with rapid innovation in crypto markets. Agency officials framed the change as part of a broader effort to update rulemaking and supervisory tools so they reflect contemporary trading, custody, and product structures rather than legacy assumptions. The shift matters because it reduces reliance on outdated interpretations that created uncertainty for exchanges, derivatives desks and yield platforms. While the move is being welcomed by some industry participants as a chance for clearer, tech-aware rules, it also signals a period of regulatory recalibration that could affect enforcement priorities and coordination with other federal agencies. Market participants should expect follow-up guidance and stakeholder engagement as the CFTC works to translate this reset into concrete, modernized oversight.