#DigitalAssetBill The Financial Innovation and Technology for the 21st Century Act introduced by House Republicans could offer long-awaited clarity to the U.S. crypto industry by clearly dividing regulatory authority between the SEC and CFTC. By establishing criteria for classifying digital assets and defining disclosure standards, it aims to reduce confusion and foster innovation. However, some critics argue that it may create new uncertainties, especially around decentralization standards and enforcement consistency. If not aligned with future SEC or court interpretations, it could lead to regulatory overlap or conflict. Ultimately, its success depends on bipartisan support and effective implementation across agencies.