Key U.S. lawmakers are actively progressing towards a regulatory framework for digital assets in 2025, building upon previous efforts and adapting to the evolving landscape. This initiative aims to provide clarity and structure to the crypto market in the United States.
Building on prior work, several key legislative actions and discussions are underway. These efforts seek to clarify the roles of the SEC and CFTC in regulating digital assets, with the goal of fostering innovation while protecting consumers and investors.
The Senate Banking Committee, under Senator Tim Scott, anticipates a crypto market bill by August 2025. The Financial Innovation and Technology for the 21st Century Act (FIT 21), which passed the House in the previous year, serves as a template for future crypto market bills, aiming to divide digital asset jurisdiction between the SEC and CFTC based on decentralization.