CFTC’s new crypto market plan faces scrutiny after Loper Bright
The CFTC has put forward a crypto market proposal that outlines two possible federal frameworks for crypto-asset transactions and markets. Public comments on the proposal are due within 60 days after Federal Register publication, and the plan is being discussed in light of closer judicial scrutiny after Loper Bright.
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Crypto market participants and firms that follow federal rulemaking will be affected once the proposal is open for comment, because the next step is a 60-day public comment window after Federal Register publication. That means exchanges, market operators, and other industry players can react to two proposed federal frameworks rather than a finished rule set.
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Has this happened before?
| When | What happened | Figure |
|---|---|---|
| 7 days ago | Regulation Crypto Asset Transactions and Regulation Crypto Asset Markets event | 1 actors in common · 3 news media |
| 7 days ago | CFTC Seeks Public Comment on Notice of Proposed Rulemaking Concerning the Inclusion of Certain Event Contracts in the Definition of Swap event | 1 actors in common · 8 news media |
| 7 days ago | CFTC Issues Interim Final Rule Excluding Certain Activity from the Definition of Swap event | 1 actors in common · 6 news media |
| 8 days ago | Blockchain.com Seeks CFTC Approval for U.S. Event Contracts, Derivatives event | 1 actors in common · 10 news media |
| 8 days ago | Coinbase Says U.S. Traders Can Access 80% of Crypto Derivatives Liquidity event | 1 actors in common · 2 news media |