The U.S. Senate Republicans have introduced the "Responsible Financial Innovation Act," based on the previously passed CLARITY Act in the House of Representatives. The document aims to create clear rules for digital assets—from Bitcoin to decentralized tokens.

One of the key innovations is the concept of "secondary assets"—tokens that are no longer considered securities after their initial offering. This will allow many crypto projects to avoid strict oversight by the U.S. Securities and Exchange Commission (SEC) if their tokens are used on the secondary market as utility rather than investment instruments.

A DA Regulation has also been proposed, which will exempt certain token sales from SEC registration provided they meet transparency and reporting requirements.

For the crypto market, this is a step towards long-awaited legal clarity. Companies will be able to operate legally and predictably. For ordinary people, this means more accessible and safer products, as well as a reduction in the risk of sudden bans.

However, critics fear that the relaxations could lead to an increase in fraud. Therefore, further refinement of the bill is necessary. ***