CFTC: Soliciting opinions on the framework for retail digital asset trading, planning to add a new category of "cryptocurrency market" exchanges

Bitcoin News posted on platform X, stating that as the Clarity Act is stalled, regulators are independently formulating rules for the digital asset market based on existing authorities. The Commodity Futures Trading Commission has solicited opinions on a framework for retail digital asset trading, which includes a new category of "crypto asset market" exchanges, with the comment period ending on December 14.

The comment period for the Securities and Exchange Commission's proposed Regulation Crypto Assets will close on October 20. The pace at which regulators are crafting rules is faster than congressional legislation, but the relevant rules may face challenges in court or be rescinded by future commissions; a lasting regulatory framework still requires legislation.