Democrats to Push Broader Crypto Market Structure Bill After Sweeping US Midterms: Report
House Democrats are reportedly considering expanding Maxine Waters’ Crypto Investor and Consumer Bill of Rights amendment into a broader market-structure bill that would strengthen SEC oversight and limit the CFTC’s role. The proposal follows midterm results that reshaped congressional crypto-policy leadership: pro-crypto candidates won several races, but the loss of House digital assets subcommittee chair Bryan Steil could make progress harder. Analysts say bipartisan support for clearer rules remains, though any agreement may require stronger consumer protections and safeguards against conflicts of interest. The Clarity Act’s path is uncertain, while SEC and CFTC rulemaking could continue independently of Congress. Experts expect slower reform to affect U.S. crypto firms more directly than Bitcoin’s medium-term outlook.
