The U.S. Senate reaches bipartisan consensus on digital asset regulation bill, upcoming review

robot
Abstract generation in progress

【BlockBeats】Progress in US digital asset regulation. The Senate has reached a bipartisan consensus on the “Digital Asset Market Clarity Act,” which will be submitted for review this Thursday. What is the significance of this bill? Simply put, it provides a reassurance to the entire industry.

For a long time, the US digital asset market has faced the dilemma of regulatory ambiguity—securities law on one side, commodities law on the other, with various platforms and project teams trying to figure out where the red line is. The emergence of this new bill means that future rules will be clearer, allowing market participants to make decisions with more confidence.

From an industry perspective, regulatory certainty is not a bad thing. It can actually help truly innovative companies with strength stay in the US market and deepen their roots, rather than being forced to go overseas in search of more friendly regulatory environments. At the same time, a clear regulatory framework also provides a legal basis for consumer protection, reducing the risk exposure in gray areas.

Of course, it is not easy for both parties to reach a consensus. This indicates that industry initiatives and communication over the years have bridged the understanding at the political level. The outcome of this Thursday’s review is worth continued attention.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
MetaverseMigrantvip
· 01-13 05:40
Bipartisan consensus? This is indeed rare to hear in the crypto space, but the real reassurance depends on how the final bill is written.
View OriginalReply0
DisillusiionOraclevip
· 01-13 05:36
Hmm... Bipartisan consensus? I think it depends on how things develop next. Wait, can this really pass? Feels like we're going to argue for another six months. It's called reassurance, but I think there's an 80% chance we'll still have to keep fussing. Reassurance... LOL, is this really different this time? Another "coming soon," let's just wait and see.
View OriginalReply0
MemeTokenGeniusvip
· 01-13 05:36
It's finally here. Things are starting to become rational on this side of the US as well. But I'm just worried that it's all just on paper, and actually implementing it might be another story.
View OriginalReply0
NFTDreamervip
· 01-13 05:33
Finally, no more guessing, the red line is clear, and the circle can prevent some people from dying.
View OriginalReply0
GateUser-7b078580vip
· 01-13 05:30
Wait a moment, the data shows that these bills ultimately get stuck in the details. Although bipartisan consensus sounds good, once the rule framework is established, how will the issue of miners taking too much be resolved?
View OriginalReply0
NFTRegrettervip
· 01-13 05:27
Bipartisan consensus? After all this, we're still trapped by those old-school traditional finance guys. The real room for innovation will only get smaller and smaller, right?
View OriginalReply0
SelfCustodyBrovip
· 01-13 05:25
Wow, it's finally going live? I've been waiting for this day for too long. I'm really fed up with the sluggish regulation on the US side.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)