CLARITY Act: A decisive step for U.S. digital asset regulation
On July 16, 2025, the U.S. House of Representatives passed a legislative proposal known as the Digital Asset Market CLARITY Act of 2025 (H.R.3633) by a vote of 294 in favor and 134 against. This bill is currently under review in the Senate, marking a historic step for the United States in digital asset regulation. Why is this bill important? For a long time, the U.S. regulatory framework on digital assets and blockchain technology has been ambiguous, overlapping, and even conflicting. The unclear division of responsibilities between the SEC and the CFTC has led to legal uncertainty for innovators, hindering the development of the blockchain and cryptocurrency industry.
Globalization of Stablecoin Regulation: From Reckless Growth to Compliance Competition
Globalization of stablecoin regulation: From reckless growth to compliance competition. As the influence of stablecoins in the global crypto asset market and payment scenarios increases, countries and regions are rapidly advancing specialized regulatory frameworks for stablecoins. Whether it is the US GENIUS draft, the EU MiCA Act, or the stablecoin regulatory policies introduced by Hong Kong and Singapore, this series of actions sends a clear signal: Stablecoins have moved from 'crypto innovation' to 'financial infrastructure' and have entered the center of global regulatory attention. I. Why are stablecoins highly valued by countries?
Modular Blockchain: Making Blockchain More Fun and Practical
Introduction Recently, I started researching modular blockchains, and wow, it really piqued my interest! Previously, whenever blockchain was mentioned, I would think of Bitcoin and early Ethereum, finding it cool but also complex, with slow transactions and gas fees that drove people crazy. Modular blockchain (Modular Blockchain) is like a major upgrade for blockchain, simplifying complexity by breaking down intricate functions into 'blocks' that can be assembled in any way. This not only makes blockchain faster and cheaper but also enables it to do more things. This article will discuss why modular blockchains are so appealing, how they solve old problems, and how they will thrive in 2025.