# CFTC Related Articles

HTX News Center provides the latest articles and in-depth analysis on "CFTC", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

CLARITY Act Likely to Be Blocked in September Without Final Vote: 75% Probability

TD Cowen's Washington Research Group gives the Clarity Act only a 25% chance of becoming law, with a 75% likelihood it fails this fall. Senate Majority Leader John Thune filed a cloture motion to advance the bipartisan bill on August 8th, with a vote scheduled for September 15th. The bill aims to split federal oversight of digital assets between the SEC and CFTC. However, significant obstacles remain. Analysts outline three potential failure scenarios: 1) The Senate passes the initial cloture vote, but the bill stalls as Democrats demand votes on ethics and Bank Secrecy Act amendments, leading to a second failed cloture motion; 2) The scheduled Senate vote is canceled entirely; or 3) The bill passes initial cloture but enters legislative paralysis with no subsequent amendment votes. Key points of contention include unresolved disputes over ethics provisions, anti-money laundering rules, and staking yields for stablecoins. Passage, though unlikely, would require Democrats to secure and lose a vote on their ethics amendment, allowing crypto-friendly Democrats to then support the final bill. An even less likely path involves a post-election "lame duck" session passage, contingent on Republicans retaining control of Congress. Markets currently price a 21% chance of the Clarity Act being enacted by 2026.

cryptonews.ru08/11 11:25

CLARITY Act Likely to Be Blocked in September Without Final Vote: 75% Probability

cryptonews.ru08/11 11:25

SEC to Schedule Meeting for Cryptocurrency Regulation Proposal Aimed at Supporting Specific Digital Asset Proposals

The U.S. Securities and Exchange Commission (SEC) is preparing to propose its first official rule for the cryptocurrency industry, dubbed "Reg Crypto," which will establish a clearer path for the legal issuance of certain digital assets. An SEC meeting is scheduled for August 14 to present the proposal for public comment. This move follows the Senate's recent failure to advance a broader market structure bill for digital assets. The proposed rule aims to provide crypto companies with a way to raise capital without full SEC registration and potentially exit the agency's jurisdiction later. While formal rulemaking is more durable than previous policy statements, the process, including a public comment period and revisions, is expected to take several more months. This initiative is part of a series of SEC efforts to provide regulatory clarity for the crypto industry, including defining its jurisdiction alongside the CFTC and developing a framework for tokenized securities. SEC Chair Gary Gensler has emphasized the need for congressional action, but related legislation faces significant hurdles.

cryptonews.ru08/11 11:07

SEC to Schedule Meeting for Cryptocurrency Regulation Proposal Aimed at Supporting Specific Digital Asset Proposals

cryptonews.ru08/11 11:07

Interview with Kalshi's Founders: Sports Trading Accounts for 95%; Disagreement on Philosophy with Polymarket

Interview with Kalshi Founders: Sports Trading at 95%, Disagreement with Polymarket on Philosophy Kalshi, a US-based prediction market platform founded in 2018 by MIT graduates Tarek Mansour and Luana Lopes Lara, has reached a $220 billion valuation. Operating under CFTC regulation, the platform allows users to trade on event outcomes, from sports to politics. Currently, sports-related trading dominates, accounting for about two-thirds of volume, down from 95% last year. Mansour argues this liquidity boosts other categories like crypto and politics, where major events can see $50-100 million in volume. He defends the concept of "financializing everything," stating markets transform partisan debates into objective, incentive-aligned systems for truth-seeking. A key point of contention is the regulatory approach. Mansour emphasizes Kalshi's commitment to a compliant path, contrasting it with rival Polymarket, which he accuses of operating without proper safeguards. He views established financial platforms like Robinhood and CME as his real competition. The industry faces legal challenges, including a lawsuit from New York's Attorney General alleging illegal gambling, and scrutiny over potential insider trading. Kalshi cites identity verification, surveillance systems, and full transparency as its defenses. On management, Mansour describes a flat, non-hierarchical structure adapted from his upbringing in Lebanon, focusing on agility. He credits his success to consistent, extreme effort. In rapid-fire questions, Mansour highlighted a trade on computing power prices, uses ChatGPT to analyze Kalshi's own election data, and advises young entrepreneurs to experiment boldly and avoid most outside advice.

marsbit08/11 08:57

Interview with Kalshi's Founders: Sports Trading Accounts for 95%; Disagreement on Philosophy with Polymarket

marsbit08/11 08:57

Judge Halts CFTC Case Against U.S. Soldier Over Prediction Market Bets

A federal judge has suspended a U.S. Commodity Futures Trading Commission (CFTC) civil case pending the completion of a related criminal case against a U.S. Army Special Forces soldier. The soldier is accused of using nonpublic information to profit over $400,000 on a Polymarket prediction market contract tied to the potential ousting of Venezuelan President Nicolás Maduro. Judge Andrew Carter of the U.S. District Court for the Southern District of New York granted a prosecution motion to stay the CFTC's case until the criminal proceedings conclude. The charges stem from the soldier's alleged involvement in a January operation aimed at removing Maduro, after which he reportedly used the insider knowledge for trading. Both the criminal and civil cases, filed in April, could set significant precedents for officials using prediction markets. The soldier has moved to dismiss the criminal indictment, arguing the CFTC's classification of event contracts as "swaps" was ambiguous. He has pleaded not guilty. A criminal trial is tentatively scheduled for late 2026 or early 2027.

cryptonews.ru08/10 22:16

Judge Halts CFTC Case Against U.S. Soldier Over Prediction Market Bets

cryptonews.ru08/10 22:16

The CLARITY Act Enters a 'Walking Dead' State as SEC Prepares Crypto Rules

The U.S. Senate will begin consideration of the CLARITY Act on September 15, according to Senator Jim Risch. A procedural vote is scheduled to overcome a filibuster, requiring 60 votes. Risch warned that further delays risk exposing Americans to fraud and could shift investments and financial leadership overseas. With Congress struggling to pass comprehensive crypto market structure legislation, Bitwise CIO Matt Hougan described the bill as entering a "walking dead" state—politically alive but stalled. This prolonged uncertainty increases the near-term importance of SEC Chairman Paul Atkins's rulemaking agenda. The SEC and CFTC are working on a "regulatory bridge" under "Project Crypto" to provide temporary clarity on token classification, custody, and securities-related blockchain activities while Congress negotiates. However, the agencies' rulemaking has limits; the CLARITY Act is needed to permanently define jurisdictional boundaries between the SEC and CFTC for digital assets and establish a full federal regulatory framework. The upcoming Senate vote will decide if the bill advances, while the SEC continues developing rules under its existing authority. Hougan remains optimistic that the crypto industry will find a path forward regardless of legislative delays.

cryptonews.ru08/10 11:07

The CLARITY Act Enters a 'Walking Dead' State as SEC Prepares Crypto Rules

cryptonews.ru08/10 11:07

CLARITY Act May Not Pass This Year: Grayscale Assesses the Chances

The chances of the CLARITY Act passing in the U.S. in 2026 have decreased after the Senate postponed a vote to September, according to Grayscale's Zach Pandl. While the crypto industry will continue to develop without new comprehensive legislation, aided by SEC and other regulators, the lack of clear rules may push some investors and developers to move activity outside the U.S. The CLARITY Act aimed to establish a comprehensive regulatory framework for digital assets, covering capital raising, tokenized securities, crypto intermediaries, and consumer protections. Pandl notes its failure won't immediately impact major blockchains, Bitcoin's store-of-value demand, or stablecoin payments, as the industry has operated for nearly 17 years without such a law. However, regulatory uncertainty could hinder new U.S. investments and business development. The bill has procedurally advanced, but observers like entrepreneur Mark Chadwick and Digital Assets' Patrick Witt deem passage unlikely this year due to a tight congressional calendar and the need for Democratic support. They warn that if consensus isn't reached by mid-September, the opportunity may be lost. Even without the CLARITY Act, the U.S. market has seen regulatory updates on custody, banking access, and crypto products. Grayscale and analysts like those at Bernstein expect the SEC and CFTC to continue addressing regulatory gaps, particularly for tokenization, DeFi, and real-world assets (RWA), ensuring the industry's continued evolution.

cryptonews.ru08/09 11:21

CLARITY Act May Not Pass This Year: Grayscale Assesses the Chances

cryptonews.ru08/09 11:21

White House Crypto Advisor Criticizes Senate Democrats as CLARITY Act Deadline Approaches in September

White House crypto advisor Patrick Witt criticized Senate Democrats for delaying the CLARITY Act. He accused them, including Chuck Schumer and crypto-supporting Democrats, of blocking a procedural vote before Congress's August recess. The bill's September passage chances diminished after a failed preliminary vote. In response, Republican Senator John Thune filed a motion for a key procedural vote immediately after the recess to keep the bill alive. Witt warned that if the Senate fails to vote by September 15th, the bill is likely dead. The September session is critical for the crypto industry, as further delay would increase uncertainty. The CLARITY Act aims to clarify regulatory jurisdiction between the SEC and CFTC for digital assets. Thune's motion starts a cloture process, which could allow a Senate vote soon after returning on September 14th, needing only a few days within the three-week session. The bill requires about 60 votes to pass. With 53 Republicans, at least 7 Democratic or independent votes are needed, assuming full GOP support. Legislators still disagree on issues like financial crime, stablecoin rewards, and ethics rules. Lobbying efforts are underway during the August recess to secure votes.

cryptonews.ru08/09 11:16

White House Crypto Advisor Criticizes Senate Democrats as CLARITY Act Deadline Approaches in September

cryptonews.ru08/09 11:16

Lummis Warns That Cryptocurrency Regulation in the US Remains Imperfect as Push for CLARITY Act Stalls

U.S. Senator Cynthia Lummis has expressed frustration over the stalled progress of the CLARITY Act, a comprehensive cryptocurrency regulatory bill. Despite over a year of negotiations and recent committee approval, a Senate vote has been delayed until September after the August recess. Lummis, a key advocate, argues that predictable federal rules are crucial for crypto businesses to operate and expand in the U.S., and are needed to protect consumers from fraud within the digital economy. The updated bill includes provisions for customer asset segregation in case of exchange bankruptcies. Lummis warns that failure to pass the legislation now could delay meaningful federal crypto regulation until 2030, leaving market participants in regulatory limbo. She vows to continue working with colleagues to advance the bill when the Senate reconvenes.

cryptonews.ru08/08 14:59

Lummis Warns That Cryptocurrency Regulation in the US Remains Imperfect as Push for CLARITY Act Stalls

cryptonews.ru08/08 14:59

Michael Saylor, known for his bold statements, emphasized: 'Bitcoin doesn't need this!'

U.S. Senate Delays Crypto Clarity Act Vote to September, Prompting Reaction from Michael Saylor The U.S. Senate has postponed the vote on the CLARITY Act, a bill aimed at regulating the cryptocurrency market, until September. Following this delay, Michael Saylor, a prominent Bitcoin advocate and founder of MicroStrategy, shared his perspective. Saylor stated via X that "Bitcoin does not need clarity. America needs clarity." He argues that Bitcoin, as the market leader, does not require specific rules for its success. However, Saylor expressed support for the bill, emphasizing the need for bipartisan cooperation to establish clear, long-term rules for the wider crypto market. Such regulations would aim to protect property rights, encourage innovation, and strengthen U.S. capital markets. The CLARITY Act seeks to define clearer regulatory boundaries between the SEC and CFTC and establish a comprehensive framework for the cryptocurrency industry.

cryptonews.ru08/07 13:46

Michael Saylor, known for his bold statements, emphasized: 'Bitcoin doesn't need this!'

cryptonews.ru08/07 13:46

Clarity Act Vote Postponed to September as Senate Prioritizes Funding and Budget Bills

The U.S. Senate has postponed its consideration of the Clarity Act, a key cryptocurrency market structure bill, until September. This delay is due to a crowded legislative agenda before the summer recess, with the Senate prioritizing funding bills, sanctions on Russia, and judicial nominations. The bill, which aims to clarify regulatory roles between the SEC and CFTC, had already passed the House. Senate Leader John Thune cited time pressures and ongoing negotiations with Democrats as reasons for the schedule change, emphasizing it was not a withdrawal. Following the announcement, prediction markets significantly lowered the odds of the Clarity Act becoming law by the end of 2026, reducing the probability to 15.5% from 30% just a week earlier. This reflects declining market expectations for near-term regulatory progress, despite continued congressional interest in digital assets.

TheNewsCrypto08/07 08:30

Clarity Act Vote Postponed to September as Senate Prioritizes Funding and Budget Bills