According to CoinMeta, the U.S. Commodity Futures Trading Commission (CFTC) has initiated a rule-making process, planning to establish new registration categories through CFTC rules 1 and 2 to create a unified federal regulatory framework for retail crypto asset leveraged and margin spot trading. CFTC Chair Gary Gensler stated that this move is an important step towards making the United States the global center of crypto. American investors need clearer rules, regulatory certainty, and consumer protection. It is important to note that without congressional authorization, it is not possible to compel all crypto asset transactions to be transferred to CFTC-regulated platforms.