The U.S. Commodity Futures Trading Commission opened public comment on 5 October on an Advanced Notice of Proposed Rulemaking for retail crypto commodity transactions under section 2(c)(2)(D) of the Commodity Exchange Act. The notice asks how a national framework could prevent abusive practices, explain crypto-specific compliance expectations and potentially create a designated-contract-market subcategory for crypto asset markets.
This is an information-gathering step for possible future rulemaking—not a final rule, and not yet a proposed rule text. Comments are due 60 days after publication in the Federal Register; the announcement alone does not establish a calendar deadline. Israeli and Gulf firms serving U.S. customers should map the questions to their controls, market-registration assumptions and audit trails, while avoiding claims that a new federal licence or market category already exists. The practical signal is that the CFTC is defining the record it may use for later rules.