WASHINGTON, D. C. Crypto Market Legislation Nears Finish Line
According
to the Chair of the Commodity Futures Trading Commission (CFTC), Michael S. Selig, the
United States is on the verge of enacting a revolutionary law that will
completely change the way digital assets are controlled throughout the nation.
“Congress is very close to passing this digital-asset market structure bill,”
Selig told reporters, signaling growing momentum on Capitol Hill for
long-awaited clarity in the $1 trillion-plus crypto sector.
The
proposed framework known as the Digital Asset Market Clarity Act would provide
clear federal oversight for cryptocurrencies and divide it between two
agencies: CFTC and SEC. According to the plan, CFTC will be responsible for
commodities and their derivatives while SEC will take care of securities-based
tokens. This law is intended to resolve all the regulatory uncertainties
experienced over many years which have in turn affected innovation and
compliance.
Bipartisan
Support, Industry Stakes
The
chairperson confirmed in December 2025 stated that there could be
bipartisanship backing for the bill which may soon land on President Donald
Trump’s table to give a clear regulatory playbook for digital asset exchanges,
brokers among other market players. “This bill would cement the U. S. as the
center of global digital-asset markets,” Selig added.
It has
been agreed in-committees and expected to be taken up by the U. S. Senate for
markup at an early stage this year, according to legislative leaders. Although
details are still under negotiation, lawmakers from both sides have praised the
bill as a compromise-that balances innovation with investor protection.
For many
years now, major crypto platforms and industry groups have called for
regulatory certainty claiming that such guidelines would attract institutional
investments thereby making America stay ahead of its rivals like EU or
Singapore. However, this has not been smooth sailing either. Some
provisions-especially those defining stablecoin treatment and tokenized
securities have stirred pushback from key stakeholders, leading to delayed
committee votes and revisions.
Regulatory
Landscape and Market Reaction
In case it
becomes law, this legislation will fill in some gaps left by piecemeal
enforcement spanning several decades and litigations over whether certain types
of crypto-tokens are securities or commodities. The CFTC and SEC currently have
shared powers which according to business leaders slow innovation down due to
uncertainty created by such powers. Once passed, Selig’s agency would have more
authority to come up with specific regulations concerning digital commodities
and also assist in ensuring fair trading practices are maintained within
markets.
The news
has been well received by Wall Street analysts and crypto investors alike, many
of whom believe that increased confidence is being witnessed across markets due
to a possible clarity in regulations.