6 days ago
4
Current status: The draft is undergoing White House review.
What has changed: The CFTC has moved its alternative plan into the federal rulemaking process.
What has not changed: No crypto rules, licenses or customer protections have taken effect.
White House review comes before public release
The CFTC submitted the proposal to the White House Office of Information and Regulatory Affairs, or OIRA, following the Senate vote, according to a September 18 Bloomberg report. The draft itself has not been published.
OIRA reviews major federal proposals before the public sees them. It may clear the draft, request changes or return it to the agency. Clearance would allow the CFTC to continue the pr...
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