The American Chamber Agriculture Committee has advanced the Digital asset market deed With a strong bipartite vote of 47-6, signaling an increasing dynamic for complete regulation of cryptography. The bill, which aims to define the regulatory competence between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC), is part of a broader thrust to establish a clear framework for the digital asset markets.
Simultaneously, the Chamber’s Financial Services Committee continued discussions on the same bill, while the Senate has prepared for a potential final vote on the GeniusA bill on the stablescoin regulation. The act of engineering, officially known as Guide and establish national innovation for the stablescoins American act of 2025Established critical surveillance standards for stablecoin issuers and has obtained bipartisan support.
The president of the Chamber’s Agriculture Committee, Glenn “GT” Thompson, stressed that the law on clarity fills regulatory gaps and strengthens consumer protections. However, Democratic legislators such as representative Angie Craig have recognized his imperfections, highlighting the urgent need for investor guarantees as the adoption of cryptography is developing. Concerns remain as to whether the Bill underform the CFTC and gives too much latitude of cryptographic companies, the representative David Scott calling him “gift to the worst actors”.
Meanwhile, the representative Maxine Waters has brought alarms on conflicts of potential interests, suggesting that the Trump administration could benefit financially from the policies related to the crypto, in particular thanks to stablecoin trials linked to the HUD.
In the Senate, the procedural action of the head of the majority John Thune paved the way for a vote on the law on engineering, perhaps on Wednesday. If it is adopted, the bill will move to the House, where legislators must decide to merge it with the Clarity Act or adopt it separately. Together, these developments mark a central moment for the regulation of American cryptography.