US EditionUS Senate Discloses Landmark Crypto Market Structure Bill, Eyes Passage By Late 2025
The bill defines blockchain and mandates joint rulemaking by the Commodity Futures Trading Commission and Securities and Exchange Commission, aiming to clarify regulatory boundaries.
- On Monday, the Senate Agriculture Committee published a draft crypto market-structure bill led by John Boozeman and Cory Booker that defines `blockchain` terms and directs joint rulemaking between the CFTC and SEC.
- Facing jurisdiction questions, lawmakers debated how to reconcile committee roles as Democrats argued the Senate Agriculture Committee lacks jurisdiction over part of the bill while Senate Banking Committee Republicans including Senator John Kennedy questioned its readiness for markup.
- Several bracketed sections in the draft leave unresolved specifics, including legal interactions, and call for at least two CFTC commissioners with minority consultation amid Caroline Pham's acting chair role and Mike Selig's nomination.
- Both committees must advance their respective bills out of committee before consolidation, but deadlines have shifted repeatedly, frustrating lawmakers over moving to the markup stage recently.
- After talks stalled over controversial proposals, meetings among crypto CEOs and lawmakers revived negotiations, though Senator Elizabeth Warren and others continue to object over risks and President Donald Trump's conflicts.
28 Articles
28 Articles
Senate Committee Shares Bipartisan Draft on Crypto Market Structure Bill
The U.S. Senate Agriculture Committee has unveiled a bipartisan discussion draft of the crypto market structure bill known as the CLARITY Act with the goal of clearly defining roles for regulators overseeing digital assets. The bill would grant the Commodity Futures Trading Commission (CFTC) new authority to regulate spot digital commodity trading that includes bitcoin and ether. Meanwhile, the Securities and Exchange Commission (SEC) would over…
US Senate Discloses Landmark Crypto Market Structure Bill, Eyes Passage By Late 2025
Bitcoin (CRYPTO: BTC) is holding steady near $105,000 as markets digest the Senate's long-awaited crypto market structure bill draft, a major milestone toward regulatory clarity
Prospective CFTC Chair Nominated Again After Trump Withdraws First Candidate
Certainly! Here’s the rewritten article with a compelling introduction, optimized structure, and maintaining the original HTML elements and factual content: — US Senate Gears Up for Critical Hearing on Michael Selig’s Nomination to Lead the CFTC The nomination of Michael Selig, a pro-cryptocurrency attorney serving as chief counsel for the SEC’s crypto task force, is approaching a pivotal Senate hearing that could significantly influence the fut…
US Senate Agriculture Committee Introduce Bipartisan Plan To Clarify Crypto Regulation » News.ng
The U.S. Senate Agriculture Committee has released a long-awaited draft bill outlining how cryptocurrencies and digital commodities could be regulated under federal law. The proposal, jointly introduced by Senator John Boozman (R–Arkansas) and Senator Cory Booker (D–New Jersey), represents a major step toward creating a comprehensive framework for digital assets like Bitcoin and Ether. The draft seeks to end years of regulatory confusion by clar…
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