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TD Cowen: Cryptocurrency Regulatory Bill Expected by 2026, May Prohibit President's Family from Involvement in Exchange Business
Summary: According to Bitcoin Magazine, investment bank TD Cowen predicts that Congress will pass cryptocurrency market structure legislation by 2026. The CLARITY Act will clarify whether digital assets fall under SEC or CFTC regulation, and standardize custody services, cryptocurrency custody, and trading platforms. Senate Democrats have proposed multiple requirements, including clarifying the legal status of digital ...
According to Bitcoin Magazine, investment bank TD Cowen predicts that Congress will pass cryptocurrency market structure legislation by 2026. The CLARITY Act will clarify whether digital assets fall under SEC or CFTC regulation, and standardize custody services, cryptocurrency custody, and trading platforms. Senate Democrats have proposed multiple requirements, including clarifying the legal status of digital assets, regulatory frameworks, and preventing illegal financial activities. The bill may also include ethical provisions prohibiting the President and their family from owning cryptocurrency exchanges or issuing tokens. Experts believe that while there is a risk of delay until the first half of 2027, all parties are expected to reach a compromise.
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Link: TD Cowen: Cryptocurrency Regulatory Bill Expected by 2026, May Prohibit President's Family from Involvement in Exchange Business [Copy]