CFTC Proposes New Crypto Market Regulations Following Clarity Act Stagnation

The Commodity Futures Trading Commission (CFTC) has submitted a proposal to the White House aimed at regulating crypto asset transactions and markets. This action follows the recent failure of the Clarity Act in the Senate. Despite the legislative setback, CFTC Chair Mike Selig confirmed that the agency remains committed to finalizing crypto rulemaking before the current administration's term concludes, aligning with President Trump's agenda to support the digital asset sector.