Senate Agriculture Committee Updates Crypto Market Structure Bill

The U.S. Senate Agriculture Committee has released updated cryptocurrency market structure legislation that would grant the Commodity Futures Trading Commission (CFTC) expanded authority to regulate digital commodities, according to Cointelegraph. A committee business meeting to mark up the bill is scheduled for January 27 at 3:00 p.m. ET. The updated proposal follows earlier drafts intended to clarify the respective regulatory roles of the CFTC and the Securities and Exchange Commission (SEC) in overseeing crypto assets.