#DigitalAssetBill Groups several bills and resolutions in the United States Congress to create a unified regulatory framework for digital assets, covering both cryptocurrencies and stablecoins and defining the jurisdiction of agencies like the SEC and the CFTC. These efforts seek to replace 'regulation by enforcement' with clear rules that promote innovation while not neglecting investor protection and financial stability.
Since late 2024, the increasing adoption of crypto assets and existing regulatory gaps have prompted lawmakers from both parties to articulate formal proposals. The Securities Clarity Act by Rep. Tom Emmer clarifies when a digital token is a security and grants explicit jurisdiction to the SEC or the CFTC as appropriate.
At the same time, the House and Senate have debated a Digital Asset Market Structure Bill to establish market rules that avoid 'regulation by compliance' and encourage the participation of institutional players.
In March 2025, the House Financial Services Committee held introductory hearings following a subcommittee report that underscored the urgency of a clear framework for economic growth and innovation in the United States. In early April, the Senate bipartisanly approved the part related to stablecoins, and the House sent its version for reconciliation, aiming to present a final text before the summer recess.
Recently, the Attorney General of New York urged to expedite the approval of the law, emphasizing the need to protect retail investors from scams and ensure sufficient reserves for stablecoins.