U.S. Senate Committee Negotiates SEC Signature on Digital Goods Definition

According to The Block, the U.S. Senate Agriculture Committee is continuing to develop a bill on the regulation of the encryption market. The project under discussion includes defining tokens as digital commodities outside the jurisdiction of securities regulators in the U.S. Commodity Futures Trading Commission (CFTC) Previously, it was signed by the US Securities and Exchange Commission (SEC). Sources emphasized that negotiations are still ongoing and parts of the bill could still change before the vote. Other changes in the bill under discussion include adding a required report on decentralized cryptocurrency protocols to guide future regulation. the