New GOP Crypto Bill Targets Clear Rules for Digital Assets in the U.S.

Republican senators have introduced a draft bill aimed at clarifying the regulatory framework for digital assets, echoing the House-passed CLARITY Act. The legislation seeks to distinguish between securities and commodities, addressing longstanding confusion in the crypto market.

Led by Senate Banking Committee Chairman Tim Scott, the proposal emphasizes investor protection, innovation, and retaining digital finance leadership within the U.S. Senator Cynthia Lummis highlighted how regulatory ambiguity has stifled domestic crypto innovation, pushing projects overseas.

The draft arrives as bipartisan momentum builds for crypto regulation, with potential alignment between the Senate, House, and a future administration. Market participants are invited to provide feedback on the framework.