[US CFTC: Seeking Public Comments on Retail Digital Asset Trading Framework, Proposes New 'Crypto Asset Market' Exchange Category] Reported by Golden Finance, on October 21, Bitcoin News posted on the X platform stating that as the 'Clarity Act' has stalled, regulatory agencies are independently formulating rules for the digital asset market based on existing authority. The U.S. Commodity Futures Trading Commission (CFTC) has sought public comments on the retail digital asset trading framework, which includes the proposal to add a new 'Crypto Asset Market' exchange category. The comment period will end on December 14. The U.S. Securities and Exchange Commission's (SEC) public comment window for the proposed 'Regulation Crypto Assets' closed on October 20. The pace of rulemaking by regulatory agencies is faster than congressional legislation, but the rules may face legal challenges in court or be overturned by future commissions. A lasting regulatory framework still requires legislative action.