The CFTC bypasses Congress to advance a crypto regulatory framework
After the CFTC’s crypto market regulatory rules proposal was not passed in the Senate under the CLARITY Act, it formally submitted the rulemaking proposal to the White House for review. ETH then promptly broke through the range of fluctuations it had maintained for nearly a month. This move sidestepped the obstacle of stalled congressional legislation, providing an executable administrative pathway for the implementation of regulatory rules for crypto assets and temporarily easing market concerns about the long-term suspension of an ETH regulatory framework. As of now, the proposal remains in the White House review stage, and the final implementation timeline and content are still uncertain.
$ETH #加密监管 #CFTC规则 #Market Watch
After the CFTC’s crypto market regulatory rules proposal was not passed in the Senate under the CLARITY Act, it formally submitted the rulemaking proposal to the White House for review. ETH then promptly broke through the range of fluctuations it had maintained for nearly a month. This move sidestepped the obstacle of stalled congressional legislation, providing an executable administrative pathway for the implementation of regulatory rules for crypto assets and temporarily easing market concerns about the long-term suspension of an ETH regulatory framework. As of now, the proposal remains in the White House review stage, and the final implementation timeline and content are still uncertain.
$ETH #加密监管 #CFTC规则 #Market Watch