House Ag Committee Advances Crypto Market Structure Bill Amid Legislative Push

The House Agriculture Committee delivered a strong bipartisan endorsement of U.S. crypto regulation, advancing the Digital Asset Market Clarity Act by a 47-6 vote. This marks the opening move in a week poised for significant digital asset legislation.

Parallel proceedings saw the House Financial Services Committee finalizing oversight provisions for digital asset markets, while Senate lawmakers prepared to vote on stablecoin regulation. The coordinated efforts signal growing institutional recognition of cryptocurrency''s role in financial markets.

"This legislation provides the certainty digital asset markets require," said Agriculture Committee Chairman Glenn Thompson. The bill aims to clarify jurisdictional boundaries between the CFTC and SEC while establishing consumer protections for crypto intermediaries.