Trump says a huge crypto market structure bill is close to passing, ending the SEC–CFTC turf war & reshaping digital asset in the U.S.
Crypto regulation might eventually be getting actual structure. President Donald Trump just confirmed that a complete crypto structure invoice is close to passing. That isn’t small talk. That is a potential turning point.
For years, the CFTC and SEC were fighting over who controls what. Now, it seems clearer rulebook could arrive sooner than predicted.
The End of the Regulatory Turf War?
The House already moved first. The Digital Asset Market Clarity Act passed last July, outlining a framework that separate oversight between the CFTC and SEC. The critical constraint has been the Senate.
In late January, the Senate Agriculture Committee slightly superior its own version, the Digital Commodity Intermediaries Act, in a tight 12 to 11 vote. That demonstrates how separated the room still is.
There has been backlash too. Big industry players like Coinbase criticized in advance drafts, announcing they boxed in DeFi and made stablecoin guidelines too restrictive.
By intervening at this stage, Trump aims to break the deadlock and drive the bill to final passage after previous Senate efforts stalled.
Mechanics of the Latest Crypto Market Structure Bill
Within the suggestion, the CFTC would take main control over digital commodities like Bitcoin and Ethereum. That alone would clarify years of uncertainty.
The bill also offers agents and exchanges 180 day window to register in and secure provisional status as soon as it turns into law. That is a quick track compared to the recent gray zone many platforms operate in.
The purpose is to stop the murky compliance environment that has left firms exposed to freezes and counterparty risk.
CFTC Chairman Michael Selig has assisted the bill could reach the President within months. That lines up with other moves targeted toward pulling crypto deeper into traditional finance. The framework would also need joint SEC and CFTC rulemaking within 18-months to sort out complex regions like mixed transactions and margin structures.
Market Implications and Deadlines
Passage of this bill would probably trigger a repricing of “commodity” assets recently suppressed via SEC lawsuits.
Moreover, hurdles remain. The Senate Banking Committee still requires to reconcile its version with the Ag Committee’s draft earlier than the February 28 White House cdeadline for stablecoin frameworks.
Meanwhile, scrutiny hasn’t disappeared. Congressional leaders hold to urge probes into Trump-linked ventures like WLFI, ensuring that while regulation reaches, political volatility isn’t going anywhere.
