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SEC vs CFTC Rematch Booked Over Who Polices US Crypto
Washington has long wrestled with who should police digital assets. The Digital Asset Market Clarity Act of 2025 passed the House this summer, but the Senate had not acted. Now, two Senate committees have released competing drafts, each promising regulatory order. These drafts create a new jurisdictional map poised to reshape everything from Bitcoin spot markets to Ethereum disclosures and exchange rulebooks. One draft from the Senate Agriculture Committee expands the Commodity Futures Trading Commission’s role. The Senate Banking Committee’s version creates new SEC authority over “ancillary assets” and ... (full story)
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