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SEC and CFTC Stay Neutral as Crypto Bill Heads for White House Talks

Key Takeaways

  • The Senate Agriculture Committee voted 12–11 to advance the digital asset market structure bill toward a full Senate vote;
  • SEC Chair Paul Atkins and CFTC Chair Mike Selig spoke on CNBC about the bill and the upcoming White House meeting on January 26;
  • Both regulators avoided taking sides and said their agencies will cooperate once Congress reaches an agreement.

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SEC and CFTC Stay Neutral as Crypto Bill Heads for White House Talks

A Senate panel voted on January 29 to move the digital asset market structure bill forward after about an hour of discussion.

The Senate Agriculture Committee approved it 12–11, which allows the bill to advance toward a future full vote.

SEC Chair Paul Atkins and CFTC Chair Mike Selig appeared on CNBC’s Squawk Box to talk about the bill and an upcoming White House meeting set for January 26.

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The bill, which already passed in the House of Representatives, is currently under review in the Senate.

Lawmakers from the Agriculture and Banking Committees are still resolving differences before it can move ahead. When asked about the disagreements, both officials stayed neutral.

Atkins said the SEC is advising both committees and helping them reach an agreement that works for everyone. He said, "We’re looking forward to helping them get across the finish line and getting something that works for all the parties".

Selig mentioned that the GENIUS Act, passed in July 2025, placed stablecoin policy mostly outside the CFTC’s area. This leaves the agency focused on “securities, tokens and tokenized securities".

He added that the commission is ready to act once Congress finalizes the bill. He said, "We’re ready, willing, and able to work with whatever they come up with".

Recently, the SEC issued updated guidance on how tokenized securities are defined and treated under existing laws. What did the agency say? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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