House Dems draft crypto bill expanding SEC authority

Community Trust Score Verified 83 % Real Verified 47 votes Updated 6 minutes ago House Democrats are reportedly discussing a broader crypto market structure bill that incorporates elements of Rep. Maxine Waters’ earlier investor-rights proposals. The discussion is taking place in the aftermath of the collapse of the CLARITY Act, a legislative effort that previously aimed to establish a regulatory framework for digital assets. According to a Nov. 4 post by journalist Eleanor Terrett, the proposed legislation would assign a larger role to the Securities and Exchange Commission (SEC) while reducing the scope of authority for the Commodity Futures Trading…