Senators Weigh CFTC Reforms, Other Changes to Crypto Market Structure Bill
Senators signaled plans to revisit the crypto market structure package to address concerns about the Commodity Futures Trading Commission’s ability to function with a single Senate‑confirmed commissioner. Lawmakers say the staffing imbalance raises questions about quorum, decision‑making and the agency’s capacity to oversee derivatives and other crypto products, prompting consideration of changes to appointment processes, jurisdictional boundaries or temporary governance fixes. The outcome matters for market participants and exchanges that rely on clear oversight for futures, options and other tokenized instruments. Industry groups and investors will watch how quickly nominees are confirmed and whether the bill shifts powers between agencies, since any delay or reallocation of authority could slow rulemaking and enforcement clarity across the crypto ecosystem.