CFTC Sends Crypto-Regulation Proposal to White House After Clarity Act Vote Fails

The U.S. Commodity Futures Trading Commission has sent a proposal on regulating crypto transactions to the White House, according to Bitcoin Magazine. The move follows the failure of a vote on the Clarity Act this week. The report did not provide details of the proposal, including the transactions it would cover, its timeline, or the next steps in the review process. The development places renewed attention on the regulatory framework for digital-asset markets after the legislative effort stalled. Bitcoin Magazine reported the proposal’s submission in an article by Mathew Di Salvo. The CFTC’s action could be relevant to market participants monitoring how federal authorities may approach crypto transaction oversight, but the available information does not indicate whether the White House has accepted, revised, or advanced the proposal. No market reaction or policy outcome was specified in the source material.