U.S. Senators Push Long-Awaited Crypto Regulation Bill, Seeking Clarity for Digital Markets

A bipartisan group of U.S. senators has introduced a draft bill aimed at establishing a clear regulatory framework for the cryptocurrency industry, tackling longstanding legal ambiguities over whether digital assets are securities or commodities and clarifying the role of federal regulators. The proposal would grant the Commodity Futures Trading Commission (CFTC) oversight of spot crypto markets — a preference championed by many in the industry — while delineating disclosure requirements and limits on interest offerings on stablecoins. Despite strong industry support for clarity, some lawmakers remain skeptical of the bill’s prospects due to political divisions ahead of the 2026 U.S. midterm elections, meaning crypto firms may continue to navigate shifting regulatory guidance through the year.