RFIA Faces Ethical Scrutiny as Crypto Regulation Bill Advances
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Ethical Scrutiny Pressure: Democratic Senators Adam Schiff and Ruben Gallego are demanding the inclusion of ethics provisions in the RFIA to prevent public officials from profiting from the crypto industry, which is seen as crucial for gaining Democratic support.
- Slow Legislative Progress: The RFIA has faced slow progress in the Senate since July, hindered by a government shutdown and debates over topics like decentralized finance, which have stalled its advancement.
- Expanded Regulatory Authority: Draft versions suggest the bill could grant the Commodity Futures Trading Commission expanded authority, potentially positioning it as the primary regulator of significant segments of the crypto market, impacting market structure and compliance.
- Election Influence Factors: With the 2026 midterm elections approaching, Democrats may leverage ethical concerns to obstruct the bill's passage, adding uncertainty to its prospects in a politically sensitive environment.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






