The United States has enacted the GENIUS and CLARITY Acts, marking a pivotal shift in cryptocurrency regulation from enforcement to rule-making. The GENIUS Act, effective July 2025, establishes a regulatory framework for payment stablecoins, mandating 100% reserve assets for issuance. Meanwhile, the CLARITY Act defines the jurisdiction of digital assets, allowing blockchain systems deemed 'mature' to have their native tokens traded as digital commodities under CFTC oversight. These legislative changes are anticipated to spur significant growth and adoption in the crypto industry.