The CFTC's recent actions are actually much more important than they appear on the surface. This is the agency in the United States that specifically oversees futures, derivatives, and has also been responsible for regulating commodity-like cryptocurrencies such as $BTC and $ETH . In the past, they mainly monitored the market and risks, but this time they are reversing course and inviting frontline players to help set the rules. The logic is straightforward: new things are already in motion, and trying to force them into old frameworks will only drive people away.