The US Commodity Futures Trading Commission (CFTC) sends a proposed crypto market regulatory plan to the White House for review. The move advances the agency’s work on market rules even as progress on broader crypto legislation stalls in Congress.

Both outlets link the timing to the Senate’s failure to move forward the CLARITY Act, which would set a legislative framework for digital-asset oversight. With Congress not acting, the CFTC continues through an administrative route by seeking White House input before potentially further action.

CoinDesk also notes parallel developments at the US Securities and Exchange Commission (SEC), describing a separate path that opens for tokenized stock trading. While the CFTC proposal focuses on crypto market regulation, the SEC development points to additional regulatory steps affecting tokenized securities. Together, the reports portray a period of overlapping regulatory processes across agencies rather than a single unified legislative outcome.