The US Senate is advancing discussions regarding a bipartisan framework for regulating digital asset market structures. Following the recent passage of the GENIUS Act, which aims to regulate payment stablecoins, lawmakers are set to hold a hearing featuring testimonies from industry legal representatives. Key figures from Coinbase and Multicoin Capital will provide insights as part of efforts to establish effective legislative frameworks for digital assets. Meanwhile, the House is also progressing with its own efforts, with the Digital Asset Market Clarity Act, or CLARITY Act, being discussed. This dual legislative approach may address several regulatory challenges faced by the cryptocurrency industry. However, potential connections between U.S. President Donald Trump and the crypto space remain under scrutiny, particularly regarding how these legislative efforts might personally benefit him. Amidst all this, the future focus on digital assets in the legislative agenda remains uncertain as the Senate and House work on their respective bills.

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