New U.S. Crypto Bill Aims to Clarify CFTC Oversight for Digital Assets

Democratic lawmakers have introduced a comprehensive legislative proposal to reform digital asset regulation in the United States. The bill seeks to eliminate regulatory ambiguities by granting the Commodity Futures Trading Commission (CFTC) explicit jurisdiction over spot markets for non-security digital commodities. This move targets the $4 trillion crypto market, aiming to enhance investor confidence through clearer oversight.

The framework empowers the CFTC with expanded enforcement capabilities, including registration authority, mandatory disclosures, and enhanced consumer protections for trading platforms. A dual regulatory approach is proposed: the Securities and Exchange Commission (SEC) WOULD oversee tokenized securities under adapted disclosure rules, while the CFTC would regulate non-security assets.

Seven Core principles guide the reforms, covering token classification, securities rule modernization, exchange regulation parity, and anti-money laundering measures. The legislation addresses years of industry uncertainty that left crypto businesses operating without definitive regulatory safeguards.