The "Clear Act" advancement milestone, the United States is finally about to compete with Basel on crypto capital standards—Senators timed their pressure precisely, and the global regulatory game enters its second season.

A group of U.S. senators supporting cryptocurrencies is pressuring banking regulators to establish digital asset capital requirements and criticizing Basel's 1250% risk weight ban on digital assets.
They advocate for a more balanced approach within the U.S. framework and argue that tokenized securities should receive the same capital treatment as underlying assets, calling for the expansion of technology-neutral principles to digital assets.
The background is that Congress is reviewing the "Clear Act" and global regulators are reassessing Basel's crypto capital standards.