Digital Commodity Intermediaries Act
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, Digital Commodity Intermediaries Act, changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Technology, Transportation.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section S1: 1. Short title; table of contents This Act may be cited as the Digital Commodity Intermediaries Act. The table of contents for this Act is as follows:
- Section id90ef478d1de44dd1b17817fee0157e72: 101. Definitions under the Commodity Exchange Act Section 1a of the Commodity Exchange Act (7 U.S.C. 1a) is amended— by redesignating paragraphs (3), (4), (5)...
- Section id5309a458366f4882be851f2d696c096d: 102. Definitions under this Act In this Act, the terms blockchain, decentralized finance messaging system, decentralized finance trading protocol,...
- Section idf29b1d42f4e14bd9aa6a672aafc3fa0b: 103. Rulemakings The Commodity Futures Trading Commission shall issue rules to further define the terms associated person of a digital commodity broker,...
- Section ide0263e84e71c4590a42fcbe86af6916f: 104. Expeditied registration for digital commodity exchanges, brokers, and dealers; provisional status Unless exempted from registration, a person shall not...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, Digital Commodity Intermediaries Act, changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Technology, Transportation
Primary Purpose
This bill, Digital Commodity Intermediaries Act, changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
IntroducedRead the second time. Placed on Senate Legislative Calendar under …
Introduced in the Senate. Read the first time. Placed on …
Introduced in Senate
Mr. Boozman (for himself, Mr. Sullivan, and Mr. Tuberville) introduced …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_commission"
- → The commission identified in the operative section
Key Definitions
Terms defined in this bill
the Chairman of the Commission. The term Office means the Office of the Digital Commodity Retail Advocate established by subsection (b). The term retail participant means a person that— is not an eligible contract participant
a digital asset custodian that— holds digital assets on behalf of a person registered under this Act or a customer of a person registered under this Act
the Chairman of the Commission. The term Office means the Office of the Digital Commodity Retail Advocate established by subsection (b). The term retail participant means a person that— is not an eligible contract participant
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology