WuBlockchain
House Democrats are discussing a broader crypto market structure bill for the next Congress, according to journalist Eleanor Terrett, who cited three industry sources. The proposal would build on Rep. Maxine Waters’ 2025 Crypto Investor and Consumer Bill of Rights amendment to the CLARITY Act.
Why it matters
The measures under discussion include expanding the SEC’s oversight of crypto markets, limiting the CFTC’s role and potentially adding ethics restrictions on crypto activities by President Trump and other federal officials. The proposal could revive Democratic provisions that were previously rejected, alongside measures agreed upon by Senate Democrats and Republicans before the September cloture vote.
Market impact
The discussion signals that the scope of federal crypto oversight remains contested, rather than settled. Republicans have described the proposal as a “messaging bill”; it is under discussion, not enacted legislation.
Frequently asked questions
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What would the proposed crypto market structure bill change about agency oversight?
Measures under discussion include expanding the SEC’s oversight of crypto markets and limiting the CFTC’s role.
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Which earlier legislation is the proposal intended to build on?
The bill would build on Rep. Maxine Waters’ 2025 Crypto Investor and Consumer Bill of Rights amendment to the CLARITY Act.
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What provisions could the bill revive?
The proposal could incorporate House Democratic provisions that were previously rejected, as well as measures agreed upon by Senate Democrats and Republicans before the September cloture vote.
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Could the proposal restrict crypto activities by federal officials?
Potential ethics restrictions on crypto activities by President Trump and other federal officials are among the ideas under discussion.
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Has the crypto market structure bill been enacted?
No. House Democrats are discussing a proposal for the next Congress; it is not enacted legislation.
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