; and (2) in subsection (d), in the second sentence, by striking commodity futures and inserting commodities . 403. Jurisdiction over crypto asset transactions (a) Commission jurisdiction over retail crypto asset transactions (1) In general Section 2(c)(2) of the Commodity Exchange Act ( 7 U.S.C. 2(c)(2) ) is amended— (A) in subparagraph (D)(ii)— (i) in subclause (III), in the matter preceding item (aa), by inserting of a commodity, other than a crypto asset, after sale ; (ii) by redesignating subclauses (IV) and (V) as subclauses (V) and (VI), respectively; and (iii) by inserting after subclause (III) the following: (IV) a contract of sale of a crypto asset that— (aa) results in actual delivery within 2 days or such other period as the Commission may determine by rule based upon the typical commercial practice in cash or spot markets for the crypto asset involved; or (bb) is executed on or subject to the rules of a registered crypto asset exchange or with a registered futures commission merchant; ; and (B) by adding at the end the following: (F) Commission jurisdiction over crypto asset transactions (i) In general (I) Jurisdiction Subject to sections 6d and 12(e) and section 403 of the Commodity Futures Modernization Act of 2000 ( 7 U.S.C. 27a ) and except as provided in subclauses (II) and (III), the Commission shall have exclusive jurisdiction over any agreement, contract, or transaction involving a contract of sale of a crypto asset in or affecting interstate commerce, including— (aa) ancillary assets that are in compliance with the requirements of section 42 of the Securities Exchange Act of 1934