Efforts to bring much-needed legal structure to the U.S. digital asset market took a leap forward with the introduction of the Digital Asset Market Clarity Act—a bill designed to lay the groundwork for coherent crypto regulation.
Ripple’s legal chief, Stuart Alderoty, praised the legislation, describing it as a critical moment for the industry. He stressed that regulatory clarity should be standard, not controversial, and called the bill a smart step toward a more predictable legal environment for digital assets.
The proposal has support from a bipartisan group of lawmakers, including French Hill, Glenn Thompson, Dusty Johnson, and Bryan Steil. Their goal: to end the regulatory gray area that has long frustrated crypto businesses and investors. As Rep. Steil emphasized on social media, the legislation aims to give the digital asset sector a clear framework in an era defined by innovation.
The bill addresses classification of assets, investor protection, and industry oversight—all areas where the current legal ambiguity has caused uncertainty. With crypto’s growing role in global finance, lawmakers are aiming to keep the U.S. competitive while protecting consumers.
Backers believe this legislative effort could help stabilize the sector, attract more capital, and secure America’s position as a leader in the evolving digital economy.
The U.S. Senate has confirmed Jonathan Gould as the next head of the Office of the Comptroller of the Currency (OCC), moving his nomination to President Donald Trump for final approval.
Australia is stepping up its digital currency efforts with the next phase of Project Acacia, a pilot focused on testing central bank digital currency (CBDC) and tokenized finance in real-world applications.
According to Bloomberg the U.S. Treasury Department has officially eliminated a controversial crypto reporting requirement that targeted decentralized exchanges.
Three Democratic senators—Chris Van Hollen, Tim Kaine, and Alex Padilla—unveiled a bill aiming to penalize El Salvador’s President Nayib Bukele and his allies.