New US Crypto Market Bill, What Are the Details Like?

Jakarta, Pintu News – The US Senate Agriculture Committee recently announced a bill that would change the structure of the cryptocurrency market. The bill, known as the Crypto Asset Market Clarity Act, is designed to provide legal clarity and regulate the oversight of digital assets.

With leadership from Chairman John Boozman (R-AR) and Ranking Member Cory Booker (D-NJ), this legislation places “digital commodities” under the oversight of the Commodity Futures Trading Commission (CFTC).

Definition and Scope

The draft law defines “digital commodities” as blockchain-based, exchangeable assets that enable inter-party transfers without intermediaries. It explicitly excludes stablecoins, NFTs, and meme coins from this definition. The move is expected to end a power struggle between the CFTC and the Securities and Exchange Commission (SEC) over the oversight of digital assets.

By giving the CFTC authority over the spot market, the law requires registration for brokers, dealers, exchanges, and asset depositories. It also stipulates the need for anti-manipulation safeguards, segregation of customer funds, cybersecurity protocols, and compliance officers to prevent fraud.

Benefits for Bitcoin and Developers

According to Adam Livingston, author of “The Great Harvest”, this bill has language that strongly supports Bitcoin (BTC) as a digital commodity. This is the first time a law in the US has formally recognized the principle of Bitcoin (BTC) sovereignty.

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In addition, the law creates Bitcoin (BTC) spot exchanges that are fully supervised by the CFTC, increasing the trustworthiness of Bitcoin (BTC) spot infrastructure among Wall Street firms.

Open-source developers and self-storing wallets get an exemption from the money sender rule. This gives individuals the right to hold and transact digital assets directly, without relying on intermediaries. This is considered a major step in protecting the rights of crypto asset owners.

Economic Impact and Political Prioritization

Livingston estimates that trillions of dollars will enter the crypto market through products such as Bitcoin (BTC) backed credit, Bitcoin (BTC) treasury ladders, Bitcoin (BTC) money market equivalents, insurance-linked loan products, and corporate settlement rails.

The clarity provided by this legislation will hopefully encourage more companies to use Bitcoin (BTC) as a reserve asset. The legislation is a top priority for the politically powerful crypto industry and President Donald Trump. The aim is to provide the “regulatory clarity” that digital asset executives and lobbies have been desperately seeking.

Conclusion

With this new bill, the future of the crypto market in the US looks more structured and secure. Clear and fair regulation will hopefully bring stability and sustainable growth in the crypto industry. This is a significant step forward in the recognition and integration of crypto assets in the mainstream financial system.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coingape. Everything You Need to Know About the New Draft Crypto Market Structure Bill. Accessed on November 12, 2025
• Fetaured Image: Generated by AI