; and (2) in the second sentence, by striking futures markets. and inserting markets under the jurisdiction of the Commission. . 408. Bankruptcy treatment of crypto assets (a) In general Section 20(a) of the Commodity Exchange Act ( 7 U.S.C. 24(a) ) is amended in paragraphs (1) and (2) by inserting crypto assets, payment stablecoins, after securities, each place it appears. (b) Commodity broker definition Section 101(6) of title 11, United States Code, is amended by inserting registered crypto asset exchange, as defined in section 1a of the Commodity Exchange Act, before foreign . (c) Commodities contracts Section 556 of title 11, United States Code, is amended by inserting a registered crypto asset exchange, as defined in section 1a of the Commodity Exchange Act, before a contract . (d) Contractual rights Section 561 of title 11, United States Code, is amended by inserting , a registered crypto asset exchange, as defined in section 1a of the Commodity Exchange Act, after designated under the Commodity Exchange Act each place it appears. (e) Definitions Section 761 of title 11, United States Code, is amended— (1) in paragraph (4)— (A) in subparagraph (A), by inserting crypto asset, payment stablecoin, or a before commodity ; (B) in subparagraph (I), by striking or at the end; (C) in subparagraph (J), by adding or at the end; and (D) by adding at the end the following: (K) a contract for the sale of a crypto asset or payment stablecoin by a registered crypto asset exchange; ; and (2) in paragraph (10)— (A) in the matter preceding subparagraph (A)— (i) by inserting a crypto asset, payment stablecoin, after a security, ; and (ii) by inserting crypto asset, payment stablecoin, after cash, security, ; (B) in subparagraph (A)— (i) in clause (vi), by inserting a crypto asset, payment stablecoin after a security, ; and (ii) in clause (vii)— (I) by inserting payment stablecoin or a crypto asset before held as property ; (II) by inserting payment stablecoin or crypto asset after such security