The prospects of the "Clarity Act" are unclear, which may lead the SEC to reconsider cryptocurrencies as securities, increasing legal risks. Industry insiders warn that short-termism and conflicting interests may delay the passage of the bill, impacting the legal status of mainstream assets. Cryptocurrency lobbying groups are prepared to address regulatory risks, calling for unity to ensure the long-term safety of the industry.

Ripple CEO Brad Garlinghouse stated that negotiations for the Clarity Act are progressing smoothly and an agreement is expected to be reached soon. He emphasized that the U.S. should pass the bill as soon as possible to solidify its status as a cryptocurrency hub and noted that the use of stablecoins will facilitate the integration of traditional finance with the crypto industry.

The "CLARITY Act" is an important piece of legislation promoted by U.S. Senator Cynthia Lummis, aimed at providing clear legal protections for DeFi developers and reducing regulatory uncertainty. The bill plans to clarify the regulatory scope of the SEC and CFTC, promote innovation, and attract projects to develop in the United States. The bill is currently still in progress, with a specific implementation timeline yet to be determined.

U.S. Congressman Steven Horsford and Max Miller have released a draft discussion of the “Digital Assets PARITY Act,” aiming to establish a unified tax framework, promote the development of digital assets, and propose measures such as small-amount tax exemptions and deferred tax payments. It is still under discussion.

The Canadian government has introduced the “Strong and Free Elections Act,” planning to ban political donations in forms such as cryptocurrency because they may create risks to election integrity. At the same time, the UK Labour Party has also paused accepting cryptocurrency donations until the regulatory framework is improved.

Ripple CEO Brad Garlinghouse stated that driven by mergers and acquisitions, the company is expected to achieve record performance in the first quarter. He revealed that the company has invested approximately $4 billion in the crypto ecosystem and expressed concerns about the progress of digital asset legislation in the United States, calling for a regulatory approach that avoids excessive politicization.

Gate News reports that on March 29, the Canadian government introduced the "Strengthening Democracy Act" (Bill C-25) on March 26, which aims to prohibit political donations to parties and candidates in the form of cryptocurrencies, money orders, and prepaid cards. The government stated that such assets have pseudo-anonymity, making it difficult to verify the identity of donors, which poses risks to electoral integrity. The bill is currently in the first reading stage in the House of Commons. Previously, the UK also announced a suspension of accepting political donations in cryptocurrency.

BlockBeats news, on March 28, U.S. Senator Cynthia Lummis stated that the latest revisions to the CLARITY Act will provide protection for DeFi and developers, and countered the concerns raised by cryptocurrency lawyer Jake Chervinsky regarding non-custodial developers potentially being classified as money transmitters and bearing KYC obligations, claiming that the relevant provisions have been adjusted during bipartisan negotiations. The bill is expected to enter the Senate Banking Committee review phase in April.

> Original Title: OpenClaw Creator Says US Can Learn From China's AI Adoption > Original Author: Shirin Ghaffary, Bloomberg > Compiler: Peggy, BlockBeats > Editor’s Note: This article is a translation of an interview by Bloomberg with OpenClaw founder Peter Steinberger. After joining OpenAI, he is involved in advancing the next generation of AI agent technology. The direction of enabling AI to not only answer questions but also to invoke tools, collaborate across systems, and act continuously in environments is becoming a new core competitive focus in the industry. In this interview, he discusses several aspects.

U.S. Senator Cynthia Lummis stated that the latest revision of the CLARITY Act will provide important protections for DeFi and developers, urging for the bill to be passed as soon as possible. Although adjustments were made to the terms to avoid misclassifying non-custodial developers as financial institutions, there are still disagreements within the industry regarding stablecoin yields and developer protections. The bill is expected to enter the review stage in April.