Trump Signals Crypto Bill to Give CFTC Control Over Bitcoin and Ethereum Markets

TheNewsCryptoPublished on 2026-02-17Last updated on 2026-02-17

Abstract

President Trump has indicated that a major cryptocurrency bill, S.3755/H.R.3633, is nearing approval. The legislation aims to provide regulatory clarity by dividing oversight between the SEC and CFTC. The SEC would regulate crypto assets deemed securities, while the CFTC would take primary control over markets for Bitcoin and Ethereum. Crypto exchanges would have 180 days to register under the new framework once it becomes law. The bill has passed the House, but the Senate must still reconcile and approve its version before a White House deadline of February 28. If passed, it would require the SEC and CFTC to create detailed rules within 18 months. Supporters believe it will bring stability and encourage institutional investment, though it has faced some criticism from industry participants. This represents one of the most significant U.S. regulatory changes for crypto to date.

The United States is moving closer to finalizing the cryptocurrency regulations, as President Donald Trump signals that the crypto bill could pass soon. The proposed legislation, known as S.3755/H.R.3633, aims to clearly define how digital assets are regulated, and lawmakers say that this could provide the long-needed clarity for the crypto exchanges and investors.

Key Feature of this Bill

The goal of this bill is to separate the regulatory authorities into two agencies. The Securities and Exchange Commission (SEC) would regulate crypto assets classified as securities, and the Commodity Futures Trading Commission (CFTC) would regulate digital assets such as Bitcoin and Ethereum. Under the proposal, the CFTC would take primary control over the NYC and ETH markets. The crypto exchanges and brokers have been given a 180-day period to register with the new framework once the bill becomes law.

The crypto bill is already approved by the United States House of Representatives, but the United States Senate still needs to approve it. One Senate committee already passed its version with a very close vote of 12-11. Another Senate committee still needs to fix the difference between the bill versions. Lawmakers are rushing to finish everything before the February 28 deadline set by the White House.

If approved, the bill would require the SEC and SFTC to work together within 18 months to create detailed rules, such as mixed digital asset transactions and margin trading structures. Some industry participants, such as Coinbase, have criticized the earlier version of the bill. Supporters believe that the legislation will bring stability and encourage institutional participation.

If this bill is passed, then it would represent one of the most significant regulatory changes in the U.S., which clearly defines who regulates the crypto assets and provides registration guidelines for the exchanges. It also creates the formal framework for stablecoins. However, the final approval depends on whether the Senate can reconcile its draft and meet the deadline.

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Related Questions

QWhat is the main purpose of the crypto bill S.3755/H.R.3633 as mentioned in the article?

AThe main purpose of the bill is to clearly define how digital assets are regulated by separating regulatory authority between the SEC for crypto assets classified as securities and the CFTC for digital assets like Bitcoin and Ethereum, providing long-needed clarity for crypto exchanges and investors.

QWhich two regulatory agencies are assigned specific roles under the proposed cryptocurrency legislation?

AThe Securities and Exchange Commission (SEC) is assigned to oversee crypto assets classified as securities, and the Commodity Futures Trading Commission (CFTC) is given primary control over markets for digital assets such as Bitcoin and Ethereum.

QWhat is the current status of the crypto bill in the U.S. legislative process?

AThe bill has been approved by the U.S. House of Representatives. In the Senate, one committee passed its version with a close 12-11 vote, but another committee still needs to reconcile differences between bill versions before the February 28 deadline set by the White House.

QWhat are the requirements for crypto exchanges and brokers once the bill becomes law?

ACrypto exchanges and brokers are given a 180-day period to register with the new regulatory framework once the bill becomes law.

QWhat specific task must the SEC and CFTC complete within 18 months if the bill is approved?

AIf the bill is approved, the SEC and CFTC must work together within 18 months to create detailed rules for areas such as mixed digital asset transactions and margin trading structures.

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What is $BITCOIN

DIGITAL GOLD ($BITCOIN): A Comprehensive Analysis Introduction to DIGITAL GOLD ($BITCOIN) DIGITAL GOLD ($BITCOIN) is a blockchain-based project operating on the Solana network, which aims to combine the characteristics of traditional precious metals with the innovation of decentralized technologies. While it shares a name with Bitcoin, often referred to as “digital gold” due to its perception as a store of value, DIGITAL GOLD is a separate token designed to create a unique ecosystem within the Web3 landscape. Its goal is to position itself as a viable alternative digital asset, although specifics regarding its applications and functionalities are still developing. What is DIGITAL GOLD ($BITCOIN)? DIGITAL GOLD ($BITCOIN) is a cryptocurrency token explicitly designed for use on the Solana blockchain. In contrast to Bitcoin, which provides a widely recognized value storage role, this token appears to focus on broader applications and characteristics. Notable aspects include: Blockchain Infrastructure: The token is built on the Solana blockchain, known for its capacity to handle high-speed and low-cost transactions. Supply Dynamics: DIGITAL GOLD has a maximum supply capped at 100 quadrillion tokens (100P $BITCOIN), although details regarding its circulating supply are currently undisclosed. Utility: While precise functionalities are not explicitly outlined, there are indications that the token could be utilized for various applications, potentially involving decentralized applications (dApps) or asset tokenization strategies. Who is the Creator of DIGITAL GOLD ($BITCOIN)? At present, the identity of the creators and development team behind DIGITAL GOLD ($BITCOIN) remains unknown. This situation is typical among many innovative projects within the blockchain space, particularly those aligning with decentralized finance and meme coin phenomena. While such anonymity may foster a community-driven culture, it intensifies concerns about governance and accountability. Who are the Investors of DIGITAL GOLD ($BITCOIN)? The available information indicates that DIGITAL GOLD ($BITCOIN) does not have any known institutional backers or prominent venture capital investments. The project seems to operate on a peer-to-peer model focused on community support and adoption rather than traditional funding routes. Its activity and liquidity are primarily situated on decentralized exchanges (DEXs), such as PumpSwap, rather than established centralized trading platforms, further highlighting its grassroots approach. How DIGITAL GOLD ($BITCOIN) Works The operational mechanics of DIGITAL GOLD ($BITCOIN) can be elaborated on based on its blockchain design and network attributes: Consensus Mechanism: By leveraging Solana’s unique proof-of-history (PoH) combined with a proof-of-stake (PoS) model, the project ensures efficient transaction validation contributing to the network's high performance. Tokenomics: While specific deflationary mechanisms have not been extensively detailed, the vast maximum token supply implies that it may cater to microtransactions or niche use cases that are still to be defined. Interoperability: There exists the potential for integration with Solana’s broader ecosystem, including various decentralized finance (DeFi) platforms. However, the details regarding specific integrations remain unspecified. Timeline of Key Events Here is a timeline that highlights significant milestones concerning DIGITAL GOLD ($BITCOIN): 2023: The initial deployment of the token occurs on the Solana blockchain, marked by its contract address. 2024: DIGITAL GOLD gains visibility as it becomes available for trading on decentralized exchanges like PumpSwap, allowing users to trade it against SOL. 2025: The project witnesses sporadic trading activity and potential interest in community-led engagements, although no noteworthy partnerships or technical advancements have been documented as of yet. Critical Analysis Strengths Scalability: The underlying Solana infrastructure supports high transaction volumes, which could enhance the utility of $BITCOIN in various transaction scenarios. Accessibility: The potential low trading price per token could attract retail investors, facilitating wider participation due to fractional ownership opportunities. 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Note: This report encompasses synthesised information available as of October 2023, and developments may have transpired beyond the research period.

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