#DigitalAssetBill The term "DigitalAssetBill" likely refers to several legislative and regulatory initiatives in the United States aimed at establishing frameworks for digital assets, cryptocurrencies, and blockchain technology. Below is a synthesis of key developments based on the provided search results:

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### **1. Federal Executive Order on Digital Financial Technology**

On January 23, 2025, President Trump issued the **"Strengthening American Leadership in Digital Financial Technology"** Executive Order (EO), which revokes the previous administration’s policies and prioritizes U.S. leadership in digital assets. Key provisions include:

- **Promotion of blockchain innovation**: Ensuring open access to public blockchain networks and protecting self-custody of digital assets .

- **Dollar-backed stablecoins**: Encouraging global adoption of U.S. dollar-pegged stablecoins to reinforce dollar sovereignty .

- **Prohibition of CBDCs**: Banning the development or use of a U.S. Central Bank Digital Currency (CBDC) over privacy and financial stability concerns .

- **Regulatory clarity**: Establishing a **President’s Working Group on Digital Asset Markets** to review and reform existing regulations, with a report due within 180 days .

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### **2. Congressional Legislative Efforts**

#### **a. Securities Clarity Act (Reintroduced)**

- Sponsored by Reps. Tom Emmer (R-MN) and Darren Soto (D-FL), this bipartisan bill distinguishes between **investment contracts** (securities) and the **underlying digital assets** (commodities). This aims to resolve regulatory ambiguity under securities laws, allowing projects to transition from securities to commodities as they decentralize .

- Endorsed by industry groups like Coin Center and the Blockchain Association, the bill was previously included in the **FIT21 Act** (2024) .

#### **b. GENIUS Act (Stablecoin Regulation)**

- The **Guiding and Establishing National Innovation for U.S. Stablecoins Act** (GENIUS Act), led by Sen. Bill Hagerty (R-TN), establishes a federal framework for payment stablecoins. It