Senate Agriculture Committee Advances Digital Commodity Bill

• Lyla Velez
• January 29, 2026
• Policy
• 0 Comments

Senator John Boozman, Chairman of the U.S. Senate Agriculture Committee, announced the committee’s passage of the Digital Commodity Intermediaries Act on a 12–11 vote, following bipartisan discussions.

This vote is significant as it pushes market structure legislation and expands CFTC authority on digital assets. No immediate market reactions noted.

Senator John Boozman’s leadership ensured the advancement of the Digital Commodity Intermediaries Act. The act, rooted in the House-passed CLARITY Act, required bipartisan negotiations and input from various stakeholders. It was passed by a 12-11 vote.

The legislation impacts digital commodities by expanding CFTC’s oversight to exchanges and brokers. It sets registration fees and requires SEC disclosures. French Hill and Glenn Thompson have expressed support, noting it advances market structure legislation.

The legislation’s immediate industry effects remain unobserved in trading data. However, the expansion of CFTC authority aims to improve regulation. French Hill and Glenn Thompson’s support underscores potential for aligning market regulations.

Potential regulatory outcomes include strengthening anti-fraud measures as suggested by NASAA. The legislation’s focus on intermediaries rather than direct crypto assets could reshape financial, regulatory, and technological environments. Historical trends offer insights into broader market stabilization.

“Today, we took a critical step toward establishing a comprehensive framework for digital commodities in the U.S.” — John Boozman, Chairman, U.S. Senate Committee on Agriculture, Nutrition, and Forestry

More information on Boozman’s advocacy can be accessed through the Senate Agriculture Committee’s newsroom.