In brief
- A new draft of a crypto market structure bill in the House appears poised to end the SEC’s oversight over most crypto assets.
- The bill would amend securities laws from the 1930s to exclude digital assets that meet certain criteria.
- The legislation would also move regulation of the secondary market trading of many of these assets from the SEC to the CFTC.
The House Financial Services Committee released a new discussion draft of its crypto market structure legislation on Monday—and the current version of the bill would amend American securities laws to exempt most top digital assets from the SEC’s oversight.
The latest bill draft would add key language to numerous foundational securities laws, including the Securities Act…
May 06 2025
