#DigitalAssetBill The term "DigitalAssetBill" likely refers to various 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 according to 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 policies of the previous administration and prioritizes U.S. leadership in digital assets. Key provisions include:
- **Promotion of blockchain innovation**: Ensure open access to public blockchain networks and protect the self-custody of digital assets.
- **Dollar-backed stablecoins**: Encourage global adoption of dollar-pegged stablecoins to reinforce the dollar's sovereignty.
- **Ban on CBDCs**: Prohibit the development or use of a U.S. Central Bank Digital Currency (CBDC) due to privacy and financial stability concerns.
- **Regulatory clarity**: Establish a **Presidential 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 Representatives 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.
- Supported by industry groups like Coin Center and the Blockchain Association