A bill to regulate crypto and give the U.S. Commodity Futures Trading Commission authority over "digital commodities" is rolling ahead as some lawmakers push for legislation in the coming months.

In a Senate Agriculture Committee hearing titled "Oversight of Digital Commodities," Sen. Debbie Stabenow, D-Mich., who chairs that committee, said she plans to send language to fellow members this week.

"We're working to have specific language to members by the end of the week for your review," Stabenow said on Wednesday. 

"We must have clear common sense rules of the road that allow good actors to innovate and grow," Stabenow added. "Blockchain technology can help us manage data and move money in more efficient and transparent ways, but these goals cannot be realized without …