TD Cowen: Cryptocurrency regulatory bill expected to be introduced in 2026, may prohibit presidential families from engaging in exchange business

According to ChainCatcher, citing Bitcoin Magazine, investment bank TD Cowen expects Congress to pass cryptocurrency market structure legislation in 2026. The CLARITY Act will clarify whether digital assets fall under the supervision of the SEC or the CFTC, and will regulate staking services, cryptocurrency custody, and trading platforms. Senate Democrats have put forward several requirements, including clarifying the legal status of digital assets, establishing a regulatory framework, and preventing illicit financial activities. The bill may also include ethical provisions prohibiting the president and their family members from owning crypto exchanges or issuing tokens. Experts believe that although there is a risk of delay until the first half of 2027, all parties are likely to reach a compromise.