13

February

2026

Senate Ag Committee releases draft digital commodities legislation to complement CLARITY Act bill

On January 29, 2026, the U.S. Senate Committee on Agriculture, Nutrition, and Forestry advanced draft legislation titled Digital Commodity Intermediaries Act (DCIA), signaling growing bipartisan momentum to establish a federal regulatory framework covering digital assets market infrastructure. The bill would grant the Commodity Futures Trading Commission (CFTC) primary authority over digital commodity intermediaries, including trading platforms, brokers, and custodians, which would need to register with the CFTC and comply with tailored conduct, customer protection, and recordkeeping requirements.

If enacted, the DCIA would formalize the CFTC’s role as the principal regulator for non-security digital assets and reinforce the jurisdictional divide with the U.S. Securities and Exchange Commission as put forward in the CLARITY Act, a more comprehensive market infrastructure bill being debated in both chambers of Congress. Like the CLARITY Act bill, the DCIA bill faces long odds in the current Congress.

Last updated 02/13/2026.


United States (Legislative)

History

  • Jan 29, 2026: The Senate Ag Committee advances the Digital Commodity Intermediaries Act. S.3755.
See the Draft Bill
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Tom Momberg

+17186645458 tom.momberg@dlxlaw.com

Tom advises clients in an array of matters related to blockchain technology, decentralized finance, banking and payments systems, financial products, and financial technology applications. He joined DLx Law as an attorney after working as in-house counsel for a payments and banking software service provider, advising on various legal and regulatory matters, operations, risk, customer due diligence, and corporate best practices.

Tom received his J.D. from George Mason University Law School in Virginia and his B.A. from the University of Wisconsin-Milwaukee. Tom is a former journalist, and, while in law school, he interned for DLx Law and served as a law clerk for several federal institutions in Washington, D.C., including the CFTC, FCC, and House Judiciary Committee. Tom is admitted to practice law in the District of Columbia and the State of Oregon.

Angela Angelovska-Wilson

+12023651448 angela@dlxlaw.com

Angela is an early distributed ledger technology adopter and a leading authority in the evolving global legal and regulatory landscape surrounding distributed ledger technology and smart contracts. Prior to co-founding DLx Law, Angela served as the Chief Legal & Compliance Officer of Digital Asset and was part of the founding team.

Prior to joining Digital Asset, Angela was a partner at Reed Smith where she regularly advised clients on the implementation of new technologies to finance and the complex regulatory schemes involved in the development, creation, marketing, sale and servicing of various financial services and products. Before Reed Smith, Angela spent most of her career in various roles at Latham & Watkins, where she was recognized by The Legal 500 US among the top finance attorneys in the U.S.

Angela has a deep understanding of the Fin-Tech industry and in particular the distributed ledger industry, having been involved in a number of startups in various roles, as an employee, entrepreneur and advisor. In addition to DLx Law, Angela is also co-founder of Sila Inc., an innovative technology company.