Crypto’s Biggest U.S. Power Battle Just Hit the Senate”



U.S. crypto regulation just entered a defining moment.

The Senate Banking Committee is now reviewing the Digital Asset Market Clarity Act, a bill that could finally define who controls crypto regulation in America: the SEC or the CFTC.

Senator Cynthia Lummis called it:
“One of the most difficult pieces of legislation I’ve ever been involved in.”

Why? Because the bill touches everything:
• Stablecoin yields
• AML compliance
• Enforcement powers
• Crypto market structure
• AI regulatory frameworks

Meanwhile, Elizabeth Warren argued the bill is “not ready” and pushed for tougher sanctions on mixers like Tornado Cash but her amendment failed.

Another major development:
The committee approved an AI regulatory sandbox amendment by a 15–9 vote, signaling Washington is moving toward innovation focused policy instead of outright restriction.

Markets reacted instantly:
• Bitcoin briefly crossed $81,000
• S&P 500 hit a new ATH
This is bigger than a Senate meeting.
It’s the battle that could decide how crypto, AI, and digital finance evolve in the U.S. for the next decade

$GT #GateSquareMayTradingShare
BTC1.95%
GT0.26%
SPX5000.74%
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imrankhanik
· 4h ago
LFG 🔥
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