US Crypto Regulation Advances Amid Trump Law Push

Digital Asset Market Clarity Act Robinhood Ethereum layer‑2 Polymarket US crypto regulation Iran crypto freeze

The Trump‑backed Digital Asset Market Clarity Act, a key piece of US crypto legislation, is being debated by Republican senators, with Democrats excluded from the discussion. Critics note a conflict of interest as the law could affect the President's own crypto ventures.

U.S. regulators missed the deadline for implementing new rules under the GENIUS Act, slowing the rollout of clearer crypto guidelines. Meanwhile, Robinhood introduced a second‑layer network on Ethereum, gaining traction among traders.

In related developments, Iran froze more than $100 million in cryptocurrency assets, citing concerns over illicit activity. Prediction‑market platform Polymarket, deemed illegal gambling in parts of Europe, now runs a regulated US branch after a CFTC settlement and continues to face scrutiny over alleged insider‑information trades.

Sources

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