Recently, the news about a certain country holding 60 billion USD worth of Bitcoin has resurfaced, but the authenticity is still uncertain. When the Chairman of the U.S. Securities and Exchange Commission was asked about this topic in a media interview, his response was quite interesting — he said this matter is not under his jurisdiction and should be decided by other government departments. It seems that there is still some division of responsibilities within the regulatory authorities regarding the handling of crypto assets.

On the other hand, the U.S. Senate Banking Committee plans to advance the review of the (CLARITY) Digital Asset Market Transparency Act this week. The main goal of this bill is to expand the authority of the Commodity Futures Trading Commission, giving them more say in the regulation of digital assets. However, industry insiders are also paying attention, as factors like the 2026 midterm elections could influence the progress, potentially leading to delays.

Speaking of which, the government’s attitude towards assets like Bitcoin has been evolving. From initial outright rejection to now establishing a regulatory framework, the whole process has been quite interesting. If this review passes, it could further standardize the digital asset market, and we should keep an eye on subsequent developments.