Senate Unveils Crypto Market Structure Bill, Aiming to Clarify Regulations

The U.S. Senate Agriculture Committee has released a draft bill aiming to shape the regulation of cryptocurrency markets, specifically focusing on the Commodity Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC). This initiative is aimed at establishing clearer guidelines for digital asset trading and consumer protection. The bill highlights the CFTC’s role in regulating spot digital commodity markets, potentially leading to significant changes in how Bitcoin and Ethereum are traded.