A post by @WuBlockchain on X.

House Democrats are preparing a broader crypto market structure bill for the next Congress, building on legislation from Rep. Maxine Waters, according to crypto journalist Eleanor Terrett. The emerging proposal would expand the SEC's oversight role in digital asset markets, signaling that Democrats want a more muscular regulatory framework than the current patchwork. The effort follows Rep. Waters' prior bill and comes as House lawmakers seek a bipartisan path on market structure legislation. The details remain under discussion, with the bill expected to be introduced in the next congressional session. What to watch next: whether the expanded SEC authority can attract Republican support and how the proposal reconciles with existing House-passed market structure measures.