Summary

  • House Democrats plan to pursue revisions to the digital asset market structure bill.
  • The revised proposal would include stronger SEC authority over oversight of the digital asset market.
  • Measures to restrict U.S. President Donald Trump’s crypto-related business activities are also part of the effort.

Forecast Trend Report by Period

U.S. House Democrats plan to pursue revisions to crypto market-structure legislation that would expand the Securities and Exchange Commission’s oversight powers and restrict President Donald Trump’s business activities tied to digital assets, Solid Intel reported.

Solid Intel said on Nov. 4 that House Democrats intend to push changes to the CLARITY Act, a digital-asset market-structure bill.

The proposed overhaul would include stronger SEC authority over the crypto market.

It would also target limits on Trump’s crypto-related business activities.

JH Kim