The U.S. Commodity Futures Trading Commission (CFTC) has proposed its first formal regulatory framework for cryptocurrency markets, marking a significant shift away from its previous enforcement-only strategy. The new rules introduce CTX and CAM regulations designed to establish clear compliance standards for digital asset platforms operating under the agency's jurisdiction. This regulatory proposal represents a departure from the CFTC's historical reliance on enforcement actions to shape crypto market oversight. By establishing formal rules through CTX and CAM frameworks, the commission aims to provide greater regulatory clarity and structured supervision for the cryptocurrency sector.