NewsHK
The regulatory channel for digital-asset oversight has shifted, and it runs through the executive branch.
The Commodity Futures Trading Commission has sent its crypto asset rulemaking to the White House for review, pressing ahead on administrative authority rather than waiting for Congress to supply a new mandate.
The filing marks a clear choice of route. Federal rulemaking submitted through the White House review process enters a distinct timeline, one that does not require congressional votes to proceed.
The CFTC's posture is that its existing authority is sufficient to act. White House review is not a rubber stamp. The process can shape or slow a rulemaking before it reaches its final form.
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