[Watcher Guru] JUST IN: House Democrats consider new crypto bill that would give the SEC more power over the industry.

House Democrats are weighing a new crypto bill that would expand the SEC’s authority over the digital-asset industry. The proposal signals that Democrats want a stronger direct regulatory role for the SEC rather than relying primarily on other agencies or market-led frameworks. It matters because SEC jurisdiction is one of the central fault lines in U.S. crypto policy, shaping how exchanges, tokens, and brokers are supervised. What to watch next is whether the bill gains broader Democratic support, how Republicans and industry groups respond, and whether it advances toward committee consideration and a floor vote.