CFTC Chairman Says Congress Nears Passage of U.S. Digital Asset Market Structure Bill

The evidence strongly supports the conclusion that a bill to establish a market structure for digital assets has made significant progress in the U.S. Congress, making the statement 'likely true.' High-authority primary sources from the U.S. House Committee on Financial Services and its Democratic members confirm that legislative activity, specifically a 'markup' of a crypto-related bill, has occurred. This indicates the bill has formally advanced out of committee, a critical step in the legislative process.This is further corroborated by secondary sources. A report from CoinDesk, a major industry outlet, noted the bill (FIT21) was approaching a scheduled vote, signifying it was in an advanced stage in the House. The most crucial piece of evidence comes from a news report stating that the FIT21 bill has, in fact, passed the House. Passing one of the two chambers of Congress is a major milestone and can be reasonably described as 'nearing passage.'The assessment is not 'definitively true' because one source also reports a significant delay for a corresponding bill in the Senate. For a bill to be passed by 'Congress,' it must pass both the House and the Senate. The potential Senate delay means final passage is not imminent. However, the confirmed, substantial progress and successful passage in the House of Representatives weigh heavily in favor of the statement's truthfulness. Outdated, speculative, or irrelevant sources were disregarded in this assessment.