There has been a big stir in the crypto circle recently. The U.S. has just confirmed Michael Selig as the chairman of the Commodity Futures Trading Commission (CFTC), and Trump’s AI and crypto assets advisor David Sacks has made a statement on social media—now the U.S. is at a crossroads in crypto regulation.

The meaning of Sacks is very clear: Selig plus the chairman of the Securities and Exchange Commission (SEC), Paul Atkins, these two guys together can accomplish great things. They are going to formulate a clear regulatory framework to point a way forward for the digital asset industry.

How exactly do we proceed? The Senate is pushing a "Responsible Financial Innovation Act," which is an improvement of the "CLARITY Act" that was passed by the House in July. It was frozen for a period during the holidays, and the Senate Banking Committee is expected to vote on it in early January. Last week, the Senate confirmed Selig's appointment with a vote of 53 to 43, and there are rumors that he will replace the current chair, Caroline Pham, who will then take the next step at the crypto company MoonPay.

In simple terms, the White House is working intensively to build a compliance framework, aiming to maintain the United States' position as a stable center for Crypto Assets. Once the bill is passed, the structure of the American Crypto Assets market can be truly considered established.