Market Structure Bill Could Shift Crypto Oversight

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The proposed legislation is expected to be one of the most consequential crypto bills to date, potentially granting the Commodity Futures Trading Commission greater authority over digital asset markets. This would mark a shift away from the current enforcement-heavy approach led by the Securities and Exchange Commission.

Carbone noted that The Digital Chamber has been closely involved in drafting discussions and will bring more than 50 member companies to Capitol Hill to educate lawmakers. These participants span the entire digital asset ecosystem, including exchanges, banks, miners, token issuers, infrastructure providers, and DeFi protocols.

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feels like everyone agrees the rules are broken, just not on how to fix them