House Democrats are preparing a new crypto market structure bill that expands SEC authority and revives rejected Clarity Act provisions from Rep. Maxine Waters' 2025 amendment, according to Eleanor Terrett.

According to CoinMarketCap, Paul Atkins said the SEC has sufficient authority to advance crypto regulation without waiting for Congress, indicating action under existing statutes, source: CoinMarketCap on X, Dec 2, 2025. He also stated the SEC plans to unveil an innovation exemption for digital asset projects within a month, setting a defined policy timeline, source: CoinMarketCap on X, Dec 2, 2025. For traders, the one-month window creates a clear regulatory catalyst to monitor for an SEC announcement on the innovation exemption that may affect digital asset project pathways, source: CoinMarketCap on X, Dec 2, 2025.