Senate Unveils Bill Expanding CFTC’s Control Over Cryptocurrencies

The U.S. Senate recently introduced the ‘Responsible Financial Innovation Act of 2025’, taking a significant step towards expanding the Commodity Futures Trading Commission (CFTC)’s oversight over cryptocurrencies. The legislation aims to clarify the regulatory framework for digital assets, particularly Bitcoin and Ethereum, which are now classified as digital commodities under CFTC jurisdiction. This move could significantly influence market compliance and boost institutional investment.