According to Eleanor Terrett, the proposal would revive provisions from Rep. Maxine Waters' 2025 Crypto Investor and Consumer Bill of Rights, which were previously rejected.
Key provisions under discussion include:
• Giving the SEC greater oversight of crypto markets
• Reducing the CFTC's regulatory authority
• Stronger investor and consumer protections
• New ethics restrictions targeting President Trump's and other federal officials' crypto activities
Republicans are already calling it a "messaging bill," suggesting they view it as more of a political statement than legislation likely to become law.
The fight over crypto's regulatory future is entering a new chapter.#BTCRebounds80K #BTC $BNB