The US CommodityFutures Trading Commission has opened a consultation on rules for retailcommodity transactions involving crypto assets.The agency publishedan Advanced Notice of Proposed Rulemaking seeking comments on a regulatoryframework for these transactions. The proposal covers requirements for retailcrypto transactions and the markets where they are offered.London's trading industry is coming home!The CFTC has beenworking towards clearer rules for retail crypto trading. In August 2025, itsought feedback on spot crypto contracts and leveraged retail transactions.In November, it discussed the possible launch of leveragedspot crypto products with regulated US exchanges.CFTC Targets Abusive Crypto MarketPracticesAs part of theconsultation, the CFTC is seeking views on measures to address abusivepractices in crypto markets. It is also seeking input on regulatoryrequirements and industry practices. In addition, the agency is considering anew category of designated contract market registration for a “crypto assetmarket” focused on these transactions.The agency said itsexperience overseeing parts of the crypto market since 2014 has informed thepractices and requirements addressed in the notice.CFTC Chairman MichaelS. Selig said the proposal is part of the agency’s work to establish a federalframework for crypto markets.“Today’s action is acritical step in the CFTC’s ongoing efforts to ensure America remains thecrypto capital of the world,” Selig said.He said the frameworkwould provide “clarity, certainty, and consumer protections in the crypto assetmarkets” while relying on the CFTC’s existing statutory authority..@CFTC Seeks Public Comment on Advanced Notice of Proposed Rulemaking Relating to Regulation Crypto Asset Transactions and Regulation Crypto Asset Markets: https://t.co/0RFFzG0MPp— CFTC (@CFTC) October 5, 2026Comments Could Shape Future Crypto RulesThe CFTC said commentsreceived through the consultation will inform potential future action,including formal rulemaking.The notice does notintroduce new rules. It starts a process for gathering comments on how retailcrypto transactions could be regulated.This article was written by Tareq Sikder at www.financemagnates.com.