Senate Agriculture Committee Releases Crypto Regulation Draft
Update: 2025-11-11
Description
On November eleventh, the Senate Agriculture Committee unveiled its draft legislation for regulating the cryptocurrency market, marking a significant stride towards clarifying the CFTCs oversight of spot market trading for digital assets. The bill aims to define the boundaries between the CFTCs and SECs authorities, and directs the CFTC to collaborate with the SEC on joint rulemaking. Despite progress, the bill still contains unresolved sections, and it may take several months for it to advance through committees and reach the Senate floor for a vote, potentially not until early 2026.
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