As Congress advances “Crypto Week,” the CLARITY Act has passed the House (294–134) and now heads to the Senate, marking a vital shift toward regulating digital assets by function—not just Howey-based tests. It clarifies SEC vs CFTC jurisdiction and provides safe-harbor rules for decentralized finance, while the GENIUS Act—now law—solidifies reserve standards for stablecoins. Together with the Anti‑CBDC Act, this trio promises innovation and transparency. Investors are watching as BTC hovers near $119K and ETH nears $3.8K, responding to the newfound legal certainty. Now, public feedback is open until August 5 on the Senate draft market‑structure bill.
