📜 SENATE AGRICULTURE COMMITTEE MOVES CRYPTO FRAMEWORK FORWARD
The U.S. Senate Agriculture Committee has advanced a major crypto market structure proposal, signaling continued momentum toward a clearer federal framework for digital asset oversight. The bill passed the committee by a narrow, party-line vote and now moves forward as lawmakers debate how best to regulate rapidly evolving crypto markets.
The proposed legislation would formally expand the authority of the Commodity Futures Trading Commission over digital commodities, granting the agency oversight of spot crypto markets, exchanges, brokers, and dealers. Supporters argue that assigning clearer jurisdiction is critical to protecting investors while encouraging responsible innovation within the United States.
⚖️ PATH TO BIPARTISAN NEGOTIATIONS
Committee leaders emphasized that the bill remains a work in progress. Lawmakers from both parties acknowledged the need to reconcile the Agriculture Committee’s proposal with parallel digital asset legislation being developed by the Senate Banking Committee. Any final framework must secure broader bipartisan support before advancing to a full Senate vote.
🤝 SEC AND CFTC MOVE FORWARD WITH PROJECT CRYPTO
Regulatory coordination is also accelerating. The Securities and Exchange Commission and the CFTC confirmed they are jointly proceeding with Project Crypto, an initiative designed to address regulatory overlaps and gaps in digital asset markets.
Officials noted that crypto platforms often combine trading, custody, clearing, and settlement functions, requiring a more coordinated regulatory approach than traditional financial markets.
🪙 SEC ISSUES TOKENIZATION GUIDANCE
Separately, the SEC released updated guidance on tokenized securities. The guidance outlines analytical frameworks intended to help market participants evaluate registration requirements and compliance obligations for tokenized assets. The Commission also reiterated that discussions around extended or continuous trading hours remain under active review.
🏦 FEDERAL RESERVE LEADERSHIP UPDATE
In a related policy development, the administration announced the nomination of Kevin Warsh as the next chair of the Federal Reserve. Market participants are closely watching the nomination given the Fed’s influence on liquidity, payments infrastructure, and financial stability.
🔍 OUTLOOK FOR U.S. CRYPTO REGULATION
Together, these developments highlight a pivotal moment for U.S. crypto regulation. As Congress and federal regulators advance in parallel, the digital asset industry is preparing for a regulatory environment increasingly focused on clarity, coordination, and long-term market integrity.
🔍 Disclaimer
This article is for informational purposes only and does not constitute financial or investment advice. This article was created with AI assistance and curated by DNIR Staff for accuracy and editorial standards. Source: Digital News & Investigative Reports (DNIR) — cnirbc.com
