The U.S. Commodity Futures Trading Commission has submitted a proposed preliminary rulemaking on crypto asset transactions and markets to the White House for review, according to Decrypt. The move signals that the agency is preparing to develop a framework for crypto derivatives under its existing authority rather than waiting for new legislation. The initiative follows the collapse of the Clarity Act, leaving Congress stalled on a broader statutory framework for digital-asset markets. The submission marks an early procedural step, and the material supplied does not indicate whether the White House has approved the proposal or provide details on its potential requirements, scope, or timing. The development is relevant to crypto-market participants tracking how derivatives and trading venues may be regulated in the United States.
