Senate Agriculture Committee Chair John Boozman Unveils Crypto Market Structure Bill

The evidence strongly and consistently supports the statement. Multiple high-authority sources confirm that the Senate Agriculture Committee is actively working on cryptocurrency legislation. Several sources identify the specific bill as the 'Digital Commodities Consumer Protection Act'. The involvement of the committee's leadership is also well-documented; one source explicitly mentions the 'Senate Agriculture Committee Chairman' in the context of this legislation, while another names Senator John Boozman, the Ranking Member, as planning a markup for the bill, which aligns with reports of a bipartisan effort co-led by the Chair. The core of the statement—that the bill would expand CFTC oversight—is strongly implied and supported. The bill's title itself refers to 'Digital Commodities,' which falls under the CFTC's jurisdiction. Furthermore, sources directly link the committee's work on this legislation to the CFTC, including testimony from the CFTC Chair. The Senate Agriculture Committee's primary jurisdiction in this area is its oversight of the CFTC, making it the logical agency to receive expanded authority under such a bill. There are no contradictions in the provided evidence; the sources corroborate each other on the key facts.