released updated legislative text that builds on a previously released bipartisan discussion draft that would give the Commodity Futures Trading Commission (CFTC) new authority to regulate digital commodities. ... this bill builds on our bipartisan discussion draft while incorporating input from stakeholders ... It’s time we move this bill, and I look forward to the markup next week.
Advance legislation giving the Commodity Futures Trading Commission (CFTC) new authority to regulate digital commodities.
Occurrences
Evidence
Under the leadership of U.S. Senate Committee on Agriculture, Nutrition, and Forestry Chairman John Boozman (R-AR), the committee advanced the Digital Commodity Intermediaries Act, legislation that would provide new authority to the Commodity Futures Trading Commission (CFTC) to regulate digital commodities and strengthen consumer protections for the emerging market.
Sen. Jon Husted (R-Ohio) today joined Sen. John Boozman’s (R-Ark.) Digital Commodity Intermediaries Act. This bill would provide new authority to the Commodity Futures Trading Commission (CFTC) to regulate digital commodities and strengthen consumer protections for the emerging market.
Commodity Futures Trading Commission Chairman Michael S. Selig today applauded the Senate Agriculture Committee’s action to advance digital asset market structure legislation.
U.S. Senate Committee on Agriculture, Nutrition, and Forestry Chairman John Boozman (R-AR) released updated legislative text that builds on a previously released bipartisan discussion draft that would give the Commodity Futures Trading Commission (CFTC) new authority to regulate digital commodities.
U.S. Senate Committee on Agriculture, Nutrition, and Forestry Chairman John Boozman (R-AR) and Senator Cory Booker (D-NJ) released a discussion draft of legislation that would provide new authority to the Commodity Futures Trading Commission (CFTC) to regulate digital commodities.
U.S. Senate Committee on Agriculture, Nutrition, and Forestry Chairman John Boozman (R-AR) welcomed Commodity Futures Trading Commission Chairman nominee Michael Selig and urged his colleagues to advance digital commodity market structure legislation during a hearing Wednesday.
More than three months after the U.S. House of Representatives passed legislation regulating cryptocurrencies and other digital assets, Sen. John Boozman, R-Ark., is helping continue the effort to establish federal oversight.
U.S. Senators Debbie Stabenow (D-MI), Chairwoman of the Senate Committee on Agriculture, Nutrition, and Forestry, and John Boozman (R-AR), Ranking Member, along with Senators Cory Booker (D-NJ) and John Thune (R-SD) today introduced the Digital Commodities Consumer Protection Act of 2022 to give the Commodity Futures Trading Commission new tools and authorities to regulate digital commodities.
Chairman John Boozman said he released updated legislative text that would give the CFTC new authority to regulate digital commodities and scheduled a markup on the measure.
The Senate Agriculture Committee advanced the Digital Commodity Intermediaries Act, which would provide new authority to the CFTC to regulate digital commodities.
Congress.gov lists S.3755 as introduced by Sen. Boozman and reports the latest action as placement on the Senate Legislative Calendar under General Orders; the tracker still shows the bill status as Introduced.
The bill history shows Boozman's original measure reported to the Senate on 2026-02-02 and placed on the Senate Legislative Calendar, with no further action shown toward enactment on the official record page.
Sponsor: Sen. Boozman, John [R-AR] (Introduced 02/02/2026). Latest Action: Senate - 02/02/2026 Placed on Senate Legislative Calendar under General Orders. Calendar No. 312. Tracker: This bill has the status Introduced.
The committee advanced the Digital Commodity Intermediaries Act, legislation that would provide new authority to the Commodity Futures Trading Commission (CFTC) to regulate digital commodities and strengthen consumer protections for the emerging market.
Assessments
The promise was to advance legislation, not necessarily to enact it. Boozman authored and pushed multiple bills and drafts to give the CFTC new authority over digital commodities, including the 2022 Digital Commodities Consumer Protection Act and the 2025-2026 Digital Commodity Intermediaries Act. In his role as Senate Agriculture Committee chairman, he released updated text, scheduled markup, led committee approval on January 29, 2026, and the bill was placed on the Senate Legislative Calendar on February 2, 2026. That is a concrete legislative advancement during his own term, so the promise is best judged fulfilled even though the measure had not yet become law.
Sen. Boozman led and materially advanced legislation to give the CFTC authority over digital commodities: he and Sen. Booker released a discussion draft (Nov 2025), Boozman urged committee action (Nov 2025), released updated legislative text and scheduled a markup (Jan 21, 2026), the Senate Agriculture Committee advanced the Digital Commodity Intermediaries Act (Jan 29, 2026), and Boozman formally introduced S.3755 which was placed on the Senate Legislative Calendar (Feb 2, 2026). Those actions constitute advancing legislation as pledged, even though the measure had not been enacted as of the records cited.
Boozman materially advanced legislation to give the CFTC new authority over digital commodities during his current Senate term: he released bipartisan draft text in November 2025, unveiled updated legislative text in January 2026, chaired/led committee action advancing the Digital Commodity Intermediaries Act, and the bill was reported and placed on the Senate Legislative Calendar. The authority was not enacted, so this would not satisfy a promise to make the policy law, but the stated claim is to advance legislation, which the evidence shows he did.
Senator Boozman made repeated and serious legislative efforts to advance legislation granting the CFTC new authority to regulate digital commodities, including introducing multiple bills, releasing updated texts and discussion drafts, leading committee actions, and urgently advocating for passage. However, the evidence does not indicate final enactment of any bill that achieved the intended regulatory authority for the CFTC within the term. Therefore, the promise was not delivered despite significant effort.