The GENIUS Act is the first comprehensive US stablecoin legislation, setting strict requirements for issuers and aligning the US with global regulatory efforts. This move comes amid rapid growth in stablecoin usage and emphasizes consumer protection and compliance.
The Digital Asset Market Clarity Act (CLARITY Act) aims to establish a clear regulatory framework for cryptocurrencies in the US by defining key asset categories and specifying the roles of the SEC and CFTC. Though its passage remains uncertain due to competing bills, the act signals bipartisan interest in comprehensive crypto legislation to support innovation and market clarity.