regulation · CFTC · rulemaking · White House · CLARITY Act
CFTC Sends a Crypto Rulemaking Proposal to the White House
The CFTC submitted a crypto-market proposal for White House review after the CLARITY Act failed its Senate procedural test, according to reporting by The Block.
The submission indicates that the agency is pressing ahead with an administrative route while congressional market-structure legislation remains stalled.
An early procedural step
White House review is part of the rulemaking process. It does not mean that the proposal is final, effective or immune from revision. Any eventual rule would still be constrained by the authority Congress has already granted the CFTC.
That distinction matters because agency rulemaking cannot independently create statutory powers that do not exist.
What to watch next
The durable questions are the proposal's published scope, the legal authority cited, the outcome of review and the subsequent notice-and-comment process. Until those steps advance, this is a procedural development rather than a completed regulatory framework.
Sources and disclosures
Source: The Block. The submission and its context are attributed to that reporting. Blue Rogues does not present the reported proposal as a final rule.
Update note
Observed September 18, 2026 at approximately 13:50 BRT.