CFTC submits crypto market regulation plan for White House review
60-second summary
The CFTC has submitted a comprehensive crypto‑market regulatory framework to the White House, aiming to fill the gap after the Senate stalled the CLARITY Act, and it outlines rules on derivatives, custodial services and anti‑money‑laundering compliance. If approved, the plan could tighten oversight, boost institutional confidence and shape the United States’ competitive position in the global digital‑asset industry.
The US commodities regulator submitted a new crypto market regulatory action for White House review days after the Senate failed to advance the CLARITY Act.