🔥🔥🔥A HISTORIC STEP IN THE U.S. SENATE CRYPTO REGULATION: CFTC GETS FULL AUTHORITY‼️
As of November 11, 2025, a new bill discussion draft presented by Senator John Boozman (R-AR) and Cory Booker (D-NJ) in the 119th Congress aims to bring the spot market for digital assets under the oversight of the Commodity Futures Trading Commission (CFTC). The draft grants broad powers to the CFTC by regulating the offering and sale of digital commodities; it defines concepts such as blockchain, DeFi, and DAO, strengthens consumer protections, and increases the agency's resources.
This draft is an updated version of the Digital Commodities Consumer Protection Act (DCCPA) from 2022, providing a more robust framework by learning from the collapse of FTX (American Ag Network, 2025).
Boozman stated, “The CFTC is the right agency to regulate spot digital commodity trading; this draft will promote innovation while protecting consumers” (Cointelegraph, 2025). Booker emphasized new protections for retail customers and market integrity.
The proposal largely resolves the SEC-CFTC jurisdiction conflict in favor of the CFTC, classifying most assets like Bitcoin and Ether as commodities; it has been positively received by the industry.
This development marks a critical turning point in making the U.S. a crypto capital alongside the Trump administration, strengthening the likelihood of legalization by the end of 2025 or early 2026.
#BTC #escointoken #elg $BTC $ETH
References
American Ag Network. (2025, November 10). Boozman, Booker release bipartisan market structure discussion draft. https://www.americanagnetwork.com/2025/11/10/boozman-booker-release-bipartisan-market-structure-discussion-draft/
Cointelegraph. (2025, November 10). Senate committee unveils crypto market structure bill draft. https://cointelegraph.com/news/senate-ag-releases-crypto-market-structure-bill-draft
