CFTC Submits Crypto Market Rule Proposal to White House Review

The US Commodity Futures Trading Commission has submitted a proposed rulemaking to regulate crypto asset transactions and markets to the White House for regulatory review. The filing, dated September 17, is listed on the federal regulatory portal reginfo.gov under RIN 3038-AF80 with the title “Regulation Crypto Asset Transactions and Regulation Crypto Asset Markets.” The submission enters the executive review process without a final text published, marking the clearest sign yet that the CFTC intends to write crypto market rules under its own authority.

What the Federal Filing Shows

The dashboard entry names the CFTC as the agency responsible and places the rulemaking at the prerule stage, with no legal deadline attached. It flags the action under the Dodd-Frank Wall Street Reform and Consumer Protection Act but does not classify it as economically significant, and it records no international impacts. The review is part of the executive order process known as EO 12866, which routes agency rules through the White House before they are formally proposed. The dual title signals the commission is addressing two fronts at once: the transactions users execute in crypto assets and the structure of the markets where those assets are traded. Reginfo.gov does not publish the rule text, so the precise definitions and obligations remain under wraps.