CFTC begins preparing crypto market rules in case Congress doesn’t pass Clarity Act

The U.S. Commodity Futures Trading Commission has begun preparing potential crypto market rules in case Congress does not pass the Clarity Act, according to CryptoRank. The reported move points to contingency planning by the derivatives regulator as Washington continues to debate how digital-asset markets should be governed.

The Clarity Act is associated with efforts to establish a clearer U.S. framework for crypto markets, including questions around regulatory authority and oversight. A congressional measure would require passage by both chambers of Congress and presidential approval before becoming law.

The CFTC oversees U.S. derivatives markets and has played a significant role in crypto-related enforcement and policy discussions, particularly where digital assets may be treated as commodities. Preparing rules independently could allow the agency to move within its existing authority if legislation does not advance.

The development underscores continued uncertainty over the long-term division of responsibilities among U.S. financial regulators. Market participants have sought clearer rules for trading platforms, token issuers and other crypto businesses, while lawmakers and agencies remain focused on consumer protection, market integrity and jurisdiction.