Senate Revives Crypto Market Structure Bill with Fresh Commodities-Focused Push
What Does the Senate’s New Move Mean for Crypto?
Crypto markets have been waiting for clear rules. For years, fights between regulators have kept things unclear. Now, the US Senate is giving the crypto market structure bill a second chance. This time, it ties crypto to commodities regulation. This could change how Bitcoin, Ethereum, and other tokens are treated.
The bill aims to split duties. The Commodity Futures Trading Commission (CFTC) would handle most crypto as commodities. The Securities and Exchange Commission (SEC) would focus on a smaller group. This setup could bring more clarity and growth to the industry.
Background: From House Win to Senate Hurdles
The story starts in the House of Representatives. In May 2024, they passed…
