CFTC advances crypto rulemaking after CLARITY Act fails in Senate
- —CLARITY Act was narrowly defeated in the Senate on September 15, 2026
- —CFTC is drafting rules for leveraged retail crypto trades and a new exchange category
- —The agency is acting under current statutory powers without new legislation
- —Prediction markets lowered the odds of the CLARITY Act being signed in 2026
Why it matters: With no new law from Congress, the CFTC will shape US crypto oversight through its own rulemaking, setting the tone for years.
Source: Crypto Briefing