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Democratic Senators push bipartisan approach to streamline crypto market structure bill – TON BOT

Democratic Senators push bipartisan approach to streamline crypto market structure bill

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Twelve Democratic senators led by Senator Ruben Gallego called for bipartisan cooperation from Republicans on comprehensive cryptocurrency market legislation to address regulatory gaps and restore investor confidence. The proposal includes granting the CFTC jurisdiction over spot markets, expanding authority over crypto platforms, and regulating custody and conflicts of interest. It aims to prevent public officials from profiting from digital assets and mandates comprehensive registration and compliance obligations. The proposal also includes provisions to safeguard traditional markets from unregulated innovations and ensure America leads in financial innovation.

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