#DigitalAssetBill is expected to announce a draft law regulating cryptocurrency before the hearing scheduled for May 6 (local time). The Chairman of the Committee – Mr. French Hill – along with several other members are reportedly finalizing the content of the draft, aiming to provide a clearer framework for the legal structure of the cryptocurrency market in the U.S.

The hearing will be held at 10 a.m. Eastern Time on May 6, with the theme "Innovation in America and the Future of Cryptocurrency: A Blueprint for the 21st Century." Here, lawmakers are expected to focus on discussing a comprehensive legal framework to oversee the digital asset industry.