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SEC and CFTC advance crypto rules after Senate blocks Digital Asset Market Clarity Act, stabilizing Bitcoin and major altcoins.

Market News
28 Sep 2026
UToday
View Source
Neutral
SEC and CFTC advance crypto rules after Senate blocks Digital Asset Market Clarity Act, stabilizing Bitcoin and major altcoins.

After the U.S. Senate narrowly blocked the Digital Asset Market Clarity Act, the SEC and CFTC are independently pushing forward with new crypto regulations to fill the legal gap. The SEC is proposing flexible registration exemptions for crypto startups, while the CFTC is updating rules on tokenized assets and seeking White House approval for broader market structure changes. These regulatory moves come as Bitcoin, XRP, and other major altcoins hold near local price highs, with industry groups and firms increasing lobbying efforts ahead of the November midterms. Investors are hopeful that agency guidance will bring clearer rules faster than stalled congressional action.

As of Sep 28, 2026 16:02 WIB, Bitcoin trades on Pluang at Rp1.490.858.620 with a 1-day decline of 1.92%, while XRP is priced at Rp26.588, down 3.38% in the same period. Despite these drops, Pluang users show strong buying interest, with 73% of Bitcoin and 74% of XRP orders being buys. The typical holding time for Bitcoin on Pluang is 110 days, indicating a relatively long-term investor base amid ongoing regulatory developments.

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