House Democrats consider new crypto bill, aim to expand SEC oversight and ethics rules

House Democrats are actively discussing a new crypto market structure bill which could strengthen federal regulators’ oversight and implement stricter ethical standards for government officials involved in digital assets, according to information from journalist Eleanor Terrett, who cited several industry sources familiar with ongoing talks. The discussions center on broadening Representative Maxine Waters’ “Crypto Investor and Consumer Bill of Rights,” first proposed as an amendment to the CLARITY Act in 2025. Waters, who currently serves as the Ranking Member of the House Financial Services Committee, originally sought to protect customers on digital asset platforms through explicit consumer safety standards.