The progress of U.S. cryptocurrency legislation remains steady despite the political climate in Washington. The GENIUS Act has been enacted, and the CLARITY Act is currently under Senate review. These developments have not caused any disruptions in financial markets. Bipartisan support has been crucial in advancing these legislative efforts, with French Hill, Chairman of the House Financial Services Committee, highlighting the collaborative push for a clear regulatory framework for digital assets. Arthur Hayes, co-founder of BitMEX, noted that the recent regulatory clarity is fostering increased institutional interest in the crypto market. Additionally, SEC Commissioner Hester Peirce emphasized the stability of the legislative environment, particularly regarding the custody of crypto assets.