Senate panel passes crypto CFTC regulation bill
U.S. Senator John Boozman (R-AR) speaks on the day Brian Quintenz, U.S. President Donald Trump’s nominee to lead the Commodity Futures Trading Commission (CFTC) testifies before a Senate Agriculture, Nutrition and Forestry Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., June 10, 2025.
Annabelle Gordon | Reuters
The U.S. Senate Agriculture Committee voted along party lines Thursday to advance its version of a cryptocurrency market structure bill to create CFTC regulatory authority over digital commodities, a major development for digital asset regulation.
The Digital Commodity Intermediaries Act advanced on a party line-vote with 12 Republicans voting “yes” and 11 Democrats voting “no.” The vote is notable…
