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The Senate Agriculture Committee has voted to advance the Digital Commodity Intermediaries Act (DCIA) onto a chamber-wide vote.
What's the Scoop?
- Novel Authority: DCIA would expand the authorities of the Commodity Exchange Act to an unprecedented degree, empowering the Commodity Futures Trading Commission (CFTC) absolute jurisdiction over spot digital asset transactions.
- Close Vote: Although represented as building on previous bipartisan legislation and touted as the product of negotiations with Senate Democrats and other relevant "stakeholders," DCIA was advanced strictly along party lines; 12 Republicans voted for and 11 Democrats voted against the bill.
- Possible Reconciliation: The U.S. federal government is barreling toward a shutdown, which could certainly throw a wrench in crypto clarity legislative progress. Agriculture's DCIA may be reconciled with Banking's DAMCA at some point in the future to produce omnibus digital asset clarity legislation.
Under Chairman @JohnBoozman’s leadership, the Senate Ag Committee advanced crypto market structure legislation. This is a big move for consumer protection and innovation. pic.twitter.com/w0KpL2WXWM
— Senate Ag Committee Republicans (@SenateAgGOP) January 29, 2026
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