Agency Rules Advance

The White House leans on the March 2026 SEC-CFTC taxonomy and the CFTC's post-Senate rulemaking to create a de facto market-structure framework without new legislation. This is the most likely path because agencies can move faster than Congress, especially where Bitcoin and Ether are already classified as non-security digital commodities.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.