Latest Crypto News: CFTC Sends New Crypto Rules to White House as DigiTap Pushes Past $12.2M With 366M $TAP Sold - StreetInsider

The U.S. Commodity Futures Trading Commission has forwarded a new set of crypto-related rules to the White House for review, according to StreetInsider. The move signals that formal rulemaking on digital asset oversight is advancing through the federal process, though the specific contents of the proposal have not been detailed in the report. For market participants, the key takeaway is procedural: rules sent to the White House typically undergo interagency review before any public release or comment period, so the timeline and substance remain open questions.

Separately, the report notes that DigiTap has pushed past $12.2 million in proceeds with 366 million $TAP tokens sold. Those figures describe the project's own token sale activity rather than broader market conditions, and should be read as such.

What to watch: the eventual text of the CFTC proposal, any accompanying statements from the agency, and how the review process unfolds. Regulatory clarity — or its absence — remains a structural factor for crypto markets, and the pace of U.S. rulemaking is likely to stay in focus for participants assessing the operating environment.