CFTC Sends Crypto Market Structure Rulemaking to White House Two Days After Clarity Act Failure
- —CFTC filed 'Regulation Crypto Asset Transactions' and 'Regulation Crypto Asset Markets' with OIRA on Sept. 17 under RIN 3038-AF80
- —After OIRA review, the draft returns to the CFTC for a vote and public comment, then needs a second vote to take effect
- —CFTC issued a no-action position for passive software providers that connect users to registered derivatives firms
- —SEC introduced a five-year innovation exemption for qualifying platforms to offer onchain trading of tokenized stocks
Why it matters: US regulators are racing to deliver crypto clarity through agency rulemaking after the Clarity Act failed, shaping oversight for years to come.
Source: Unchained