#DigitalAssetBill Groups various 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 such as the SEC and the CFTC. These efforts seek to replace the "regulatory by enforcement" approach with clear rules that promote innovation while ensuring investor protection and financial stability.
Since late 2024, the increasing adoption of crypto assets and existing regulatory gaps have prompted legislators 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.
Meanwhile, 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 actors.
In March 2025, the House Financial Services Committee held introductory hearings following a subcommittee report that emphasized 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 forwarded its version for reconciliation, with the aim of presenting a final text before the summer recess.
Recently, the Attorney General of New York urged for the acceleration of the law's approval, emphasizing the need to protect retail investors from scams and ensure sufficient reserves for stablecoins.