CFTC advances crypto rulemaking proposal for Trump White House review

Crypto Insight Summary: The Commodity Futures Trading Commission (CFTC) has sent a proposal on crypto market rules to the White House budget office for review on Thursday, September 17. A day before the commission filed this proposed rule, its chairman, Michael Selig, said that they would use their existing statutory authorities to help the president deliver a future-proof... Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Regulatory clarity may reduce uncertainty but immediate market impact is limited.