Report: Democrats Considering New Crypto Market Structure Bill

Democrats are weighing ethics rules that could restrict crypto activities by President Trump and other federal officials in Washington, too. Fresh off their midterm heroics, House Democrats are reportedly discussing a broader crypto market structure bill that would expand Rep. Maxine Waters’ consumer bill of rights. According to those in the know, the proposal could give the SEC more oversight and also add stricter rules for crypto exchanges. Democrats to Revisit Provisions Left Out of the CLARITY Act The proposal was first reported by journalist Eleanor Terrett, who noted that Dem lawmakers were having discussions about expanding a 2025 amendment to the CLARITY Act called the Crypto Investor and Consumer Bill of Rights, fronted by Waters, into a wider “market structure” bill for the industry. According to her, the proposal is looking to combine provisions the congresswoman had offered but had not been adopted as well as those of other Democrats that Republicans had agreed to before the failed cloture vote in September. Citing at least four sources she says are familiar with the matter, Terrett reported that on oversight, the SEC would get a larger role and the CFTC a smaller one, ...