French Hill Calls for Permanent US Crypto Legislation Amid Regulatory Uncertainty
The House Financial Services Committee chair criticizes current SEC and CFTC actions as insufficient for crypto industry clarity.
The House Financial Services Committee chair criticizes current SEC and CFTC actions as insufficient for crypto industry clarity. JUST (JST) is trading at $0.1419, up 0.7% since this brief published. This is an original TLT brief based on reporting by Crypto.news, with live market data added, as of Wed, 07 Oct 2026 22:50:22 UTC.
The push for comprehensive crypto legislation highlights the growing urgency for regulatory clarity to maintain US competitiveness in the global crypto market and provide businesses with a stable operating environment.
- French Hill calls for permanent US crypto legislation to replace current regulatory actions.
- SEC and CFTC efforts seen as interim measures lacking legislative authority.
- US crypto market leadership at stake amid regulatory uncertainty.
French Hill, the Chair of the House Financial Services Committee, has renewed calls for permanent US cryptocurrency legislation, arguing that current regulatory actions by the SEC and CFTC fall short of providing the necessary clarity for the industry. According to Fox Business and other outlets, Hill made these comments while highlighting the limited time left in the Senate's session after the November elections, with only 22 session days remaining.
The House Financial Services chairman acknowledged the efforts of the SEC and CFTC in stepping in after the collapse of the Clarity Act, which was intended to provide a regulatory framework for digital assets. However, he emphasized that these actions are merely interim measures and that only a 'permanent law change' can provide the stability and clarity needed for the US to maintain its leadership in the global crypto market.
The call for legislative action comes at a time when the US crypto market is facing increasing scrutiny and regulatory uncertainty. The SEC and CFTC have been actively working on enforcement actions and guidance, but these efforts are often criticized for lacking the authority and permanence of actual legislation.
The broader market context shows a total crypto market cap of $2.9 trillion, with 
Bitcoin experiencing a 24-hour decline of 2.52%, reflecting the overall market trend. The Fear & Greed Index stands at 71, indicating a state of 'Greed' among investors.
The development underscores the ongoing debate about the best approach to regulate the crypto industry. While regulatory agencies are taking steps to address the issue, the need for comprehensive legislation remains a critical concern for maintaining US competitiveness and providing a clear framework for businesses operating in the sector.
Since this brief published about 2 hours ago, JUST (JST) has moved from $0.1409 to $0.1419 — +0.72%.
The chart plots JST's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Over the past 24 hours JST moved +0.9% while Bitcoin moved -2.8%. JST has historically moved about 0.00× Bitcoin, implying roughly -0.0% today — so this is roughly what its usual link to Bitcoin would predict.
Beta computed by TLT from ~120 days of daily returns; context only, not advice.
At today's peer-to-peer rate, 1 JST ≈ ₦193.82 (about $0.1419), up 0.9% over 24 hours. The naira itself trades about 2.8% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
French Hill Calls for Permanent US Crypto Legislation Amid R — questions & answers
What does French Hill propose for US crypto regulation?
Hill calls for permanent US crypto legislation to replace current regulatory actions by the SEC and CFTC.
Why does Hill believe legislative action is necessary?
He argues that only permanent law change can provide the clarity and stability needed for US crypto market leadership.
What is the current state of US crypto regulation?
The SEC and CFTC have taken interim regulatory measures, but comprehensive legislation is still lacking.
How much is 1 JUST worth in naira today?
About ₦193.82 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.1419. The naira price moves with both JST's US-dollar price and the USDT/NGN rate; use our JUST in naira page for any amount.
Has JUST's price moved since this brief was published?
JST is up 0.72% since this brief first published — trading at $0.1419 now versus $0.1409 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Crypto.news. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.