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CFTC Sends Crypto Market Regulation Plan to White House

The CFTC submitted a new crypto market regulatory action to the White House for review, Cointelegraph reported. The move followed the Senate’s failure to advance the CLARITY Act, with no plan details disclosed.

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CFTC Sends Crypto Market Regulation Plan to White House

The US Commodity Futures Trading Commission has submitted a new cryptocurrency market regulatory action to the White House for review, according to Cointelegraph. The move comes days after the US Senate failed to advance the CLARITY Act, placing the CFTC’s submission in the spotlight as lawmakers and regulators continue to address the framework for digital-asset markets. The source did not provide details on the plan’s provisions, its potential effect on specific cryptocurrencies, or a timeline for White House consideration. The submission is relevant to market participants tracking US crypto-policy developments, including holders of ARK and Ethena (ENA), although no direct impact on either asset was specified. Further information on the proposal would be needed to assess how it could affect exchanges, commodities markets, or digital-asset oversight.

Source Cointelegraph Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
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