Major turning point in US cryptocurrency regulation. The "Clear Act" just passed a vote in the Senate Banking Committee, and this vote could mark the long-awaited breakthrough for the entire industry.

What is the biggest change? The regulatory authority is undergoing a major adjustment. The oversight of the spot market, originally managed by the SEC, will shift to the CFTC. Mainstream crypto assets like Bitcoin and Ethereum are also officially classified as "digital commodities," finally freeing them from securities law constraints. The long-standing ambiguous regulatory environment is likely to undergo a complete transformation.

Another key highlight of the bill is that it clearly delineates the boundaries between "security-type" and "commodity-type" digital assets. What does this mean for the market? It means that companies and institutions finally have clear compliance guidelines. The days of gray areas are coming to an end, and traditional financial institutions will be able to enter the crypto market through legitimate channels.

What’s next? The bill still needs to be reviewed by the full Senate and then signed by the President. Once finally passed, it will become a milestone law in the US crypto sector. At that point, the legal status of assets like Bitcoin and Ethereum will be firmly established, and a new development framework will take shape. Market attractiveness for institutional funds will also significantly increase.