The U.S. Senate is set to vote in seven days on the Digital Asset Market Clarity Act, a bill aimed at establishing a federal regulatory framework for digital assets. The legislation involves joint oversight by the Commodity Futures Trading Commission and the SEC, covering areas such as developer protections, tokenization standards, decentralized finance, and customer-property protections. The bill has already advanced past the Senate Banking Committee, indicating significant progress toward becoming law. Markets interpret this development as potentially positive for the cryptocurrency industry due to its potential to clarify regulatory guidelines. Market participants see a slight increase in the probability of Bitcoin reaching $200,000 by the end of 2026.
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