Senate Majority Leader John Thune scheduled a procedural vote for the Digital Asset Market Clarity Act in mid-September. The legislation has already passed the House of Representatives.
The bill establishes the first comprehensive federal regulatory framework for digital assets in the United States. It resolves regulatory ambiguity by assigning clear jurisdiction to either the Securities and Exchange Commission (SEC) or the Commodity Futures Trading Commission (CFTC).
Industry advocates argue that legal clarity and consumer protections will foster investment and innovation.