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CFTC Proposes First Crypto Rules as CLARITY Act Stalls

CFTC Proposes First Crypto Rules as CLARITY Act Stalls

The U.S. Commodity Futures Trading Commission (CFTC) is moving ahead with its first crypto-specific rulemaking after Congress failed to advance the CLARITY Act.

On October 5, the CFTC published an Advanced Notice of Proposed Rulemaking (ANPRM) covering two proposed regulatory frameworks: Regulation Crypto Asset Transactions (CTX) and Regulation Crypto Asset Markets (CAM). The agency is seeking public comments as it works toward a federal framework for crypto trading on CFTC-regulated platforms.

The move comes just weeks after the Senate failed to advance the CLARITY Act. It also follows the CFTC’s September filing of the same rulemaking with the White House, which marked an earlier step in the process. Altcoin Buzz previously reported on…

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