The U.S. Commodity Futures Trading Commission has submitted a prerule on crypto asset transactions and markets to the White House for review, according to Decrypt. The move indicates that the agency is preparing to develop a framework for crypto derivatives under its existing authority. The initiative comes after the collapse of the Clarity Act, leaving Congress stalled on legislation that could have established a broader statutory basis for digital-asset market rules. The submission marks an early step in the CFTC’s rulemaking process and does not represent a finalized regulation. The development is relevant to crypto-market participants, including holders and traders of ARK, MEW, Ontology Gas (ONG), and Real Finance (ASSET), although the supplied information does not specify any direct effect on those assets.
