House Democrats Discuss Proposal to Expand SEC Crypto Oversight
Photo: TokenPost
House Democrats are discussing a market-structure proposal that would expand SEC oversight of crypto markets and limit the CFTC’s role. The proposal builds on an earlier Crypto Investor and Consumer Bill of Rights amendment to the CLARITY Act. The CLARITY Act is a separate digital-asset market-structure bill that remains stalled in the Senate after a failed procedural vote. Its Senate path remains unresolved. Earlier debate over the CLARITY Act also involved proposed ethics restrictions tied to President Donald Trump’s family crypto interests and disagreements over stablecoin yield and rewards.
Source: TokenPost
