Sets federal rules for trading digital commodities

Creates a federal framework in which the Commodity Futures Trading Commission mainly oversees digital commodity trading, and some digital commodities could skip securities registration.

• The Commodity Futures Trading Commission would oversee digital commodity trading
• Digital commodities on blockchains the bill calls mature could skip registration if yearly sales stay under a set limit
• Exchanges, brokers and dealers would have to follow Bank Secrecy Act anti-money laundering rules
• Sets recordkeeping and trade monitoring rules, and limits mixing customer assets with firm assets

Passed the House · Senate's turn

Read the full bill