On Jan. 29, 2026 the Senate Agriculture Committee voted 12-11 to advance crypto market structure legislation, according to a tweet. The measure would set new rules for digital tokens and give the CFTC authority over spot commodities like Bitcoin.
The bill designates the CFTC as the primary regulator for much of the digital asset industry. A companion measure covering securities falls under the SEC and the Senate Banking Committee, and must be merged before final enactment (Ed. note: the two parts must be combined prior to a final vote).
Ag Chair John Boozman urged movement on the bill. “The CFTC is the right agency to regulate the spot trading of digital commodities,” he said, adding “At a high level, this bill provides a clear definition of a digital commodity, protects innovation and technology, establishes consumer protection safeguards, and equips the agency with the necessary resources to take on this new responsibility.”
The measure now moves to the Senate floor without bipartisan backing. If the full Senate approves it, the bill would go to President Donald Trump, who is expected to sign it into law.
