The U.S. Senate Banking Committee is expected to consider the CLARITY Act as early as May 9, with a vote anticipated next week. The draft, still being finalized, aims to address regulatory clarity for digital assets. Meanwhile, the Depository Trust & Clearing Corporation (DTCC) plans to launch a tokenized real-world assets (RWA) pilot in July, covering Russell 1000 index components and U.S. Treasuries, with a full rollout scheduled for October. In other developments, the Bank of England is contemplating pausing its digital pound initiative to observe private-sector tokenization innovations. Additionally, the Central Bank of Brazil has banned the use of stablecoins for cross-border payments, while Italy and Argentina are advancing their regulatory frameworks for tokenization. These moves highlight the global divergence in policy approaches to digital assets.