What just unfolded?

1. The House passed H.R. 3633 (CLARITY Act) by a bipartisan vote of 294–134—clearing the way for the Senate to advance.
2. Today, the Senate Banking Committee unveiled a 35-page discussion draft, asking for industry feedback on SEC/CFTC boundaries, disclosure standards, and definition of “ancillary assets.

Why It Matters Now:

1. Regulatory certainty: Official definitions of which tokens are securities or commodities—critical for exchanges and projects.
2. Market structure overhaul: New rules could accelerate listings, institutional trading, and compliance clarity.
3. Coinbase UK weighing in: “Second-mover advantage” means regulators are watching both UK and US frameworks closely.

Market Snapshot:

1.BTC: Holding steady near $119K as markets digest the news (Ethereum recently hit ~$3,798).
2. Institutional flows: Expect renewed inflows into ETH/BTC ETFs and digital asset products if the Act becomes law.
3. Token moves: Watch for asset-manager announcements and altcoin primed for classification clarity.

What It Means for You:

1. Mid-term holders: Regulatory clarity could spark a wave of altcoin & DeFi listings—time to review positions.
2. Short-spec traders: Expect volatility ahead of Senate vote and committee amendments.

Would defining your favorite token as a security help or hurt its adoption?

DYOR | Not Financial Advice

#CryptoPolicy2025 #DigitalAssets #BinanceSquare #DeFi #web3兼职 #CryptoClarityAct