Wire · regulatory
CFTC's Michael Passalacqua reveals plan B for crypto regulation after Clarity Act stalls
◆ Sectors
◆ Geography
◆ Source
◆ Verified
Fusion42 · 17 October 2026 · Fusion42 review
The CFTC, led by Senior Advisor Michael Passalacqua, is advancing a federal opt-in regulatory framework for retail crypto exchanges offering leverage after the Clarity Act stalled. The agency plans to operationalize its post-CLARITY rulemaking roadmap within the next six to twelve months, focusing on issues like agentic finance and regulatory clarity.
This Wire brief sits within Fusion42's coverage of Crypto & Web3, and 26 sources have reported it between 3 Aug 2026 and 16 Oct 2026.
◆ ◆ The Wire takeaway
You face fresh federal rules setting how retail crypto exchanges can offer leverage. Start planning compliance and client communication now to avoid surprises as the CFTC moves fast this year.
◆ Coverage
26 sources · first reported 3 Aug 2026 · latest 16 Oct 2026
◆ Related on Wire
◆ Topics