Senate Nears Release of Bipartisan Crypto Market Structure Bill
The Senate Committee on Agriculture is poised to release a draft of its bipartisan crypto market structure bill, with sources indicating a potential rollout as early as tomorrow. The legislation focuses on commodities oversight, specifically through the Commodity Futures Trading Commission (CFTC).
Progress follows weeks of stalled negotiations, reignited by recent industry roundtables. The bill aims to classify digital commodities and expand CFTC authority over spot and derivatives markets, while introducing anti-manipulation measures and safeguards for decentralized finance.
Market observers view this as a watershed moment for regulatory clarity. The timing aligns with renewed bipartisan discussions in the Senate Banking Committee, suggesting coordinated movement on digital asset policy.