Overview
- An official notice sets the markup for Jan. 15 at 10 a.m. ET, with a manager’s amendment due Jan. 12 and member amendments due Jan. 13.
- The bill would delineate SEC and CFTC roles, define digital asset categories, and establish registration and compliance pathways for market participants.
- Key fault lines include how to treat decentralized finance platforms and developers, whether to restrict stablecoin-linked rewards, and conflict-of-interest language for public officials.
- The Agriculture Committee is preparing its own action on CFTC authorities, with any Senate product still needing floor votes, possible 60‑vote support, and reconciliation with the House text.
- Supporters argue statutory clarity could draw institutional capital, while projections of a March enactment and claims of large drops in manipulation reflect outside commentary rather than settled outcomes.