The work on the new Code of Conduct has been underway for some time. My predecessor, Bex, began this work 2 years ago. As you can see, it is a long process. Although I do agree that there is some connection between the two documents, the new Code of Conduct does not need to block a policy for Community Publishing Platforms, as we do not know when the new CoC will be in place.
Let's proceed with this and if some small changes need to be made later on, that is something that can be done.
Fedora Community Action and Impact Coordinator
Red Hat • Fedora Project