The United States is positioning itself as a global leader in the cryptocurrency sector following the implementation of a comprehensive regulatory framework, according to Wall Street broker Bernstein. The GENIUS Act, now enacted, has significantly boosted the stablecoin market, with U.S. dollar-backed supply surpassing $260 billion. The upcoming CLARITY Act, anticipated by late 2025, aims to establish a clear market structure for digital assets, delineating responsibilities between the SEC and CFTC. SEC Chair Atkins' Project Crypto is central to this transformation, seeking to classify most crypto assets outside securities law and facilitate tokenized stocks and bonds. The report highlights that crypto ETFs now manage $160 billion in assets, with institutional investors comprising about 25% of spot ETF holders. Additionally, the digital asset IPO market has raised $4 billion since January, and the market capitalization of publicly traded crypto firms has soared from $80 billion in early 2024 to $380 billion, with Coinbase and Robinhood joining the S&P 500.