Key Points
- •Senate Agriculture Committee poised to release crypto market structure bill draft.
- •Bipartisan negotiations resume after industry roundtable meeting last week.
- •Impacts include formal CFTC oversight of digital commodities, boosting clarity.
The U.S. Senate Agriculture Committee is poised to release a draft bill on crypto commodity market structure, marking key bipartisan efforts with unspecified release timing, as reported by Eleanor Terrett.
This draft bill, enhancing regulatory clarity and oversight, is significant for market stability and investor confidence, impacting assets like Bitcoin and Ethereum under the CFTC's expanded regulatory umbrella.
Senate Committee's Bipartisan Crypto Bill Nears Release
Multiple sources have indicated the imminent release of a bipartisan draft bill by the U.S. Senate Agriculture Committee. The proposed legislation aims to address commodity-related matters, specifically targeting digital assets’ market structure. Key figures involved include Senator John Boozman (R-Ark.), who expressed confidence in completing the framework within the year.
This proposed bill seeks to enhance commodity oversight by formalizing the Commodity Futures Trading Commission's role in regulating digital commodities and spot markets. Such changes are expected to lead to increased regulatory certainty, fostering institutional interest and activity in cryptocurrency markets.
“Substance is more important than timeline, but we intend to finalize a bipartisan draft ‘very, very soon,’” Cory Booker, Senator (D-N.J.)
Bitcoin Holds Strong Amid Regulatory Bill Discussions
Bitcoin (BTC) is currently trading at $108,803.29 with a circulating supply of 19,942,003, according to data from CoinMarketCap as of October 31, 2025. Despite a 1.93% dip in the last 24 hours, the cryptocurrency maintains a market cap of $2.17 trillion, representing 59.24% dominance in the market. Trading volumes have shown a 17.45% increase over the past day, highlighting market volatility. Price changes for Bitcoin over various periods indicate generally stable conditions with slight fluctuations.
The Coincu research team highlights that regulatory clarity could positively affect DeFi and governance tokens, akin to impacts witnessed from the CLARITY Act. By delineating the role of the CFTC, the bill may unlock liquidity in previously sidelined assets, potentially catalyzing market dynamics.