CFTC submits crypto market rulemaking proposal to White House

  • CFTC submitted a crypto market rulemaking proposal to the White House for review.
  • $10 million fraud attempt involving stolen credit cards reportedly affected Polymarket.
  • Bitcoin continued upward momentum through the weekend trading session.

The CFTC (U.S. derivatives regulator) has submitted a crypto market rulemaking proposal to the White House for review, a step toward federal regulatory clarity for digital assets. Bitcoin continued its upward momentum through the weekend trading session. Separately, prediction market platform Polymarket reportedly encountered a $10 million fraud attempt involving stolen credit cards, underscoring payment-fraud risks across the broader digital asset ecosystem as institutional engagement increases.

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