When it comes to crypto market structure legislation, the U.S. Senate needs buy-in from two different committees—and that's where things get tricky. The Banking Committee holds jurisdiction over the SEC and securities matters, while the Agriculture Committee oversees the CFTC and commodities regulation. Since these bodies have separate purviews, they each end up drafting their own regulatory framework. This dual-track approach means the crypto industry faces potentially conflicting rules, making comprehensive legislation a complex balancing act that requires coordination across both committees.