CFTC Submits Crypto Market Proposal to White House, Bypassing CLARITY Act

CFTC submits crypto regulation proposal to White House.

The U.S. Commodity Futures Trading Commission (CFTC) has submitted a proposal for crypto market regulation to the White House Office of Management and Budget.

This submission follows the failure of the CLARITY Act in the Senate, which would have granted the CFTC primary oversight authority over digital assets. The new proposal is under review and has not been finalized.

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