U.S. digital asset regulation is set to undergo a turning point: the CLARITY Act has gained bipartisan support and has entered a critical legislative phase
According to CoinDesk, during a recent Senate Banking Committee review, substantial progress was made in advancing the Digital Asset Market Clarity Act, referred to as the "CLARITY Act," which passed into the Senate full review stage with a vote of 15 to 9.
Several bipartisan lawmakers emphasized the urgent need for the United States to establish a unified regulatory framework covering digital assets to clarify asset classification, trading platform regulation, and market structure rules, thereby providing long-term certainty for the industry. Angela Alsobrooks pointed out from a family perspective that the younger generation shows a natural interest in digital assets, and the regulatory system should strike a balance between "opportunity and protection" to avoid technological development being detached from regulatory constraints. Tim Scott emphasized that legislation should be promoted from the perspective of economic opportunity and the American Dream, while Cynthia Lummis stated that the legislative process has already shown a clear foundation for bipartisan cooperation.
Supporters believe that digital assets have become an irreversible trend, with approximately 68 million Americans holding related assets, but a significant amount of trading still occurs on overseas platforms. The U.S. urgently needs to establish a domestic regulatory system to enhance market transparency and investor protection levels.
Analysis indicates that the CLARITY Act is seen as a key complement following the stablecoin-related legislation (GENIUS Act). Without supporting rules at the market structure level, the U.S. may lose its leading position in the competition for digital financial infrastructure. As the bill advances to the Senate full stage, there is widespread attention on whether it can achieve final legislation based on bipartisan consensus to establish the core rules of the U.S. digital asset regulatory framework.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

JPMorgan Reaffirms Overweight Rating and $240 Price Target for SpaceX

Jin Air Decides to Merge with Air Busan and Air Seoul

M83 Reports 1.5 Billion KRW Operating Profit in Q2

Japanese Prime Minister Supports Recent Rate Hike by Bank of Japan

North Korean Hacker Group Kimsuky Develops Local AI Tools for Cyber Attacks

Anthropic Upgrades Claude with Budget Control and Regional Reasoning Features

NATO to Allocate 70 Billion Euros for Ukraine Aid in 2026

Moscow Exchange to Launch Cryptocurrency Depository by the End of 2026

South Korean Police Establish 41-Member Virtual Asset Tracking Team to Combat Drug Trafficking

Zimbabwe SECZ Approves 7 Fintech Companies to Join Regulatory Sandbox

Zhongji Xuchuang Approved by Hong Kong Stock Exchange to Raise $8 Billion

Robinhood Files to Establish Employee Investment Fund for Stocks and Real Estate

The China Payment and Clearing Association issues a warning to prevent scams related to cross-border gambling through virtual currency top-ups

Bitcoin mining company Keel Infrastructure has completed the issuance of $458 million in convertible preferred notes

TON Strategy: In May, 3.3 million TON staking rewards were obtained, with earnings of approximately 5.6 million USD

The strategy proposes to change the frequency of STRC dividend payments from monthly to bi-monthly

Federal Reserve and Bank of England officials have differing views on the prospects of stablecoins

Sei releases Giga upgrade roadmap, aiming to achieve 200,000 TPS and 400 ms finality

Base Azul mainnet launched, upgrading to enhance network speed and security

Argentina's anti-gambling bill for the first time includes cryptocurrency exchanges under regulation, with violations punishable by 2 to 4 years in prison

Samsung Securities will invest approximately $204 million to acquire a 2% stake in Dunamu

Chainalysis: Compliance baseline in the cryptocurrency industry is tightening, and indirect risk monitoring remains a shortcoming

State Council: Promote the empowerment of blockchain technology in housing transactions and property registration, and build a digital governance foundation for cities

Bank for International Settlements: Tokenization may significantly enhance the efficiency and security of cross-border payments

Bloomberg analyst:

Morning News | Hyperliquid launches off-chain event prediction market contracts; Strategy completes $1.5 billion debt buyback; Kelp DAO announces rsETH has fully recovered

Bankless Founder: Why I Sold All My ETH

WSJ: Stablecoins essentially belong to "private currency" and may pose risks to the financial system

Goldman Sachs CEO discusses the impact of AI: AI is more inclined to enhance productivity rather than directly eliminate jobs




