The U.S. Senate has unveiled a draft proposal for a new regulatory framework for digital commodities, recommending the Commodity Futures Trading Commission (CFTC) as the primary oversight body. This initiative, led by Senators John Boozman and Cory Booker, seeks to delineate the regulatory roles of the Securities and Exchange Commission (SEC) and the CFTC within the cryptocurrency sector. As of November 2025, the proposal has not been officially submitted, and the market has not reacted to the draft, which remains under discussion without affecting current financial operations or asset prices.