🚨🇺🇸 THE CLARITY ACT FAILED—BUT THE CFTC ISN’T WAITING! ⚖️🔥
One of America’s most important crypto bills failed to advance in the Senate this week, leaving the industry without the comprehensive market framework it had been waiting for. ❌📜
But the regulatory battle is far from over. 👀⚡
The CFTC—Commodity Futures Trading Commission—has reportedly submitted a new crypto-market proposal to the White House for review. 🏛️🔍
The CFTC is the U.S. federal regulator responsible for overseeing derivatives and commodity markets. It treats Bitcoin and certain other digital assets as commodities. ₿📊
What we know so far:
📅 Submitted on September 17
🔍 Currently under interagency review
🤐 Full details have not yet been disclosed
🎯 Expected to address crypto transactions and digital-asset markets
⚖️ Could use the CFTC’s existing legal authority
CFTC Chairman Michael Selig had already instructed his staff to explore how the agency could formalize the crypto-market structure—even without new legislation from Congress. 🚀📑
This could mark a major regulatory shift:
❌ Congress fails to deliver clarity
⚡ The CFTC moves independently
🏛️ Crypto rules advance through regulatory action
⚔️ Questions remain over the division of power between the CFTC and SEC
🔄 Future administrations could potentially change the rules
The big question is no longer whether U.S. crypto regulation is coming—but who will write the rules. 🔥🇺🇸
Will fast CFTC action finally bring regulatory clarity—or trigger another power struggle with the SEC? 🤔👇
#CFTC #CLARITYAct
⚠️ This is not investment advice.DYOR
$NEAR
$G
$ADA
One of America’s most important crypto bills failed to advance in the Senate this week, leaving the industry without the comprehensive market framework it had been waiting for. ❌📜
But the regulatory battle is far from over. 👀⚡
The CFTC—Commodity Futures Trading Commission—has reportedly submitted a new crypto-market proposal to the White House for review. 🏛️🔍
The CFTC is the U.S. federal regulator responsible for overseeing derivatives and commodity markets. It treats Bitcoin and certain other digital assets as commodities. ₿📊
What we know so far:
📅 Submitted on September 17
🔍 Currently under interagency review
🤐 Full details have not yet been disclosed
🎯 Expected to address crypto transactions and digital-asset markets
⚖️ Could use the CFTC’s existing legal authority
CFTC Chairman Michael Selig had already instructed his staff to explore how the agency could formalize the crypto-market structure—even without new legislation from Congress. 🚀📑
This could mark a major regulatory shift:
❌ Congress fails to deliver clarity
⚡ The CFTC moves independently
🏛️ Crypto rules advance through regulatory action
⚔️ Questions remain over the division of power between the CFTC and SEC
🔄 Future administrations could potentially change the rules
The big question is no longer whether U.S. crypto regulation is coming—but who will write the rules. 🔥🇺🇸
Will fast CFTC action finally bring regulatory clarity—or trigger another power struggle with the SEC? 🤔👇
#CFTC #CLARITYAct
⚠️ This is not investment advice.DYOR
$NEAR
$G
$ADA
