S. 3755 · On the floor · Finance and Financial Sector

Digital Commodity Intermediaries Act

What it does

Amends the Commodity Exchange Act to define digital commodity-related terms including blockchain, blockchain applications, blockchain systems, decentralized finance messaging systems, decentralized finance trading protocols, and decentralized governance systems.
Establishes CFTC jurisdiction over digital commodity transactions and requires Futures Commission merchants to use qualified digital asset custodians.
Creates expedited registration pathways for digital commodity exchanges, brokers, and dealers, with provisional status availability during the rulemaking process.
Directs the CFTC to establish trading certification and approval requirements for digital commodities and to register digital commodity exchanges, brokers, dealers, and associated persons.

Feb 2, 2026: Placed on Senate Legislative Calendar under General Orders. Calendar No. 312.

Committee: Senate Agriculture, Nutrition, and Forestry