Pete Rizzo Claims CFTC Submitted Bitcoin Market Regulations to White House

A claim was made on Thursday that the U.S. Commodity Futures Trading Commission (CFTC) has submitted regulations for the Bitcoin (BTC) and virtual asset markets to the White House for approval. The Bitcoin Historian's Pete Rizzo posted on X that the CFTC had sent the relevant regulations to the White House, sharing a video with the claim but not providing details of the regulation name, submission date, or related documents.

CFTC Chairman Michael Selig announced on Tuesday via X that the agency would advance virtual asset market regulations using existing legal authority. Meanwhile, the U.S. Senate rejected a virtual asset market structure bill in a 49-50 vote on Wednesday.