The US Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) are calling for comments on a proposed rule change that would require large advisers to certain hedge funds to report their exposure to cryptocurrencies.

A 40-day comment period is now underway after the proposed change to the current Form PF reporting requirement was published to the Federal Register on 1 September. 

The change was first proposed on 10 August with the CFTC and SEC citing recent growth in both the hedge fund industry and cryptocurrency investing in generals as the reason for amending the existing rules.

The proposed changes include a revised definition of "digital assets" to include “virtual currencies,” “coins” and “tokens”.