OFFICIAL LEGAL TITLE
Digital Commodity Intermediaries Act
FREQUENTLY ASKED QUESTIONS
What is the official ID of this bill?
The official print number for this legislation is 119_S_3755.
Which chamber initiated this legislation?
This legislation was initiated in the Senate.
When did the legislative process begin?
The process officially started on 2026-02-02.
What are the main provisions?
Key points include:
- Crypto exchanges and brokers must register and follow strict rules to prevent fraud and manipulation.
- Your digital assets must be held separately from the exchange's own funds to protect them during bankruptcy.
- A new Retail Advocate office is created to help individual investors resolve issues with crypto companies.
- Clear disclosures regarding risks and conflicts of interest are now required before you trade.
What is the specific legal status?
The current status is Placed on Calendar.
Where can I read the full text of this legislation?
The full official text is available at:
View full text
Who is the primary sponsor?
The primary sponsor is Sen. Boozman, John [R-AR].
What is the latest detailed status?
The latest detailed status is: Placed on Senate Legislative Calendar under General Orders. Calendar No. 312.
Is this summary verified?
Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-02-06.
What is the impact of this bill?
We don't know—that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.