Senate Draft Proposes SEC-CFTC Joint Crypto Committee

07-Sep-2025

The U.S. Senate has proposed a joint regulatory framework involving both the SEC and CFTC to resolve jurisdictional disputes over digital assets, as revealed on September 2025.

MAGA

This proposal aims to harmonize regulations, addressing longstanding disputes, potentially impacting crypto project compliance and market conduct, with no immediate on-chain data shifts observed yet.

SEC-CFTC Joint Committee to Oversee Digital Assets

The U.S. Senate has released a draft bill proposing a joint regulatory framework for digital assets. This involves a formal committee shared by the SEC and CFTC, aiming to resolve jurisdictional disputes and create harmonized rules.

Key senators, including Tim Scott and Cynthia Lummis, are spearheading this initiative. It proposes placing digital assets under shared oversight, offered through public consultation until August 5, 2025.

Crypto Markets Brace for Regulatory Harmonization

The draft has far-reaching effects on market conduct and developer protections. ETH, BTC, and NFTs stand as the primary digital assets impacted, especially concerning how they’re traded and classified.

This move could harmonize crypto regulation, ultimately impacting technology governance. Historical acts such as the CLARITY Act set precedence, marking a milestone in developer protection and rule harmonization.

Lessons from the 2025 CLARITY Act

The proposed joint committee mirrors efforts seen in the CLARITY Act (2025), which sought to balance SEC and CFTC roles. Such precursors provide context for anticipating future outcomes and developments.

Amanda Tuminelli of the DeFi Education Fund emphasizes the importance of strengthened developer protections. Amanda stated, “The new market structure draft from Senate Banking has the best developer protections language we have seen to date. Still digging into the rest of the bill, but this is worth celebrating immediately.” This shift could lead to clearer guidelines, making compliance manageable for blockchain developers and protocol maintainers.

Disclaimer: This website provides information only and is not financial advice. Cryptocurrency investments are risky. We do not guarantee accuracy and are not liable for losses. Conduct your own research before investing.
Also read: FLOKI and AVAX Stay in Focus While BullZilla Presale Roars With Relentless Price Engine — Best Crypto Presale Now 
WHAT'S YOUR OPINION?
Related News