Democrats to Push Broader Crypto Market Structure Bill After Sweeping US Midterms: Report
House Democrats are reportedly set to progress crypto legislation after sweeping the U.S. midterms. There are plans to expand the Crypto Investor Consumer Bill of Rights—a Clarity Act amendment led by Dem. Maxine Waters—into a broader market structure bill, journalist Eleanor Terrett tweeted. The proposal would include giving the SEC more power to supervise the crypto markets and limiting the role of the CFTC, sources told Terrett.