Chairman Boozman Reveals Enhanced Market Structure
The U.S. Senate Committee on Agriculture, Nutrition, and Forestry is making strides towards regulating digital commodities. Chairman John Boozman, a Republican from Arkansas, has unveiled updated legislative text designed to enhance market structure for these assets.
New Authority for CFTC
This new legislation builds upon a bipartisan draft previously released. It aims to equip the Commodity Futures Trading Commission (CFTC) with enhanced regulatory powers over digital commodities, ensuring better consumer protections.
Collaboration and Input
Chairman Boozman acknowledged the collaboration from Senator Cory Booker and his team. Their contributions have added depth to the legislation, reflecting feedback from key stakeholders. Although there are still disagreements on fundamental policy issues, Boozman emphasized the importance of this legislative evolution.
Moving Forward
Boozman expressed optimism about the upcoming markup set for January 27, 2026. The meeting is scheduled for 3 p.m. at the 328A Russell Senate Office Building. This session aims to finalize the legislation aimed at regulating digital commodities.
Media Information
Congressionally credentialed media members wishing to attend the hearing must RSVP to the appropriate gallery:
- Daily Press Gallery: (202) 224-0241
- Periodical Press Gallery: (202) 224-0265
- Press Photographer Gallery: (202) 224-6548
- Radio TV Gallery: (202) 224-6421
As the committee works towards finalizing this bill, the focus remains on enhancing market structure and ensuring consumer safety in the evolving landscape of digital commodities.
