🚨 BREAKING : CFTC Sidesteps Congress, Builds Crypto Rulebook Through Approvals and Pilots $ALEO $BROCCOLI714
With the CLARITY Act stalled, the CFTC is regulating crypto through administrative action:
· Perpetual Futures: Approved Kalshi's Bitcoin perpetual as a futures contract; limited to deep-market digital commodities, with offshore access via registered FCMs.
· Tokenized Collateral: Pilot allowing BTC, ETH, and USDC as derivatives collateral for faster settlement.
· 24/7 Trading: Guidance supporting continuous crypto trading with risk caveats.
· Passive Software Relief: Wallet providers can route users to regulated derivatives without broker registration.
· Next Step: Sweeping "Regulation Crypto Asset" proposal sent to the White House for review.
Bottom line: The CFTC isn't waiting for legislation—it's building the framework itself.
With the CLARITY Act stalled, the CFTC is regulating crypto through administrative action:
· Perpetual Futures: Approved Kalshi's Bitcoin perpetual as a futures contract; limited to deep-market digital commodities, with offshore access via registered FCMs.
· Tokenized Collateral: Pilot allowing BTC, ETH, and USDC as derivatives collateral for faster settlement.
· 24/7 Trading: Guidance supporting continuous crypto trading with risk caveats.
· Passive Software Relief: Wallet providers can route users to regulated derivatives without broker registration.
· Next Step: Sweeping "Regulation Crypto Asset" proposal sent to the White House for review.
Bottom line: The CFTC isn't waiting for legislation—it's building the framework itself.
