Trump confirmed that a bill to structure crypto regulation is close to passing. The main update is a formal split in oversight - the SEC handles securities while the CFTC takes primary control over commodities like Bitcoin and Ethereum. Exchanges and brokers would have a 180-day window to register for provisional status once the bill becomes law. The House passed a version last July and the Senate Ag Committee just moved theirs forward in a tight vote. They still need to reconcile the different drafts before a Feb 28 deadline, but the administration is pushing to get it done to clear up the compliance gray zone.