Core Viewpoint - The U.S. requires a comprehensive digital financial regulatory framework that goes beyond the stablecoin legislation passed by the Senate [1] Group 1: Legislative Initiatives - Congressman French Hill is advocating for the passage of the CLARITY Act to establish a clear cryptocurrency market structure [1] - The CLARITY Act aims to coordinate with the Senate's GENIUS Act and the House's STABLE Act [1] Group 2: Regulatory Concerns - Adrian Harris, a financial regulator in New York, warns that excessive federal intervention in cryptocurrency could undermine state regulatory authority [1] - Harris emphasizes the importance of a meaningful state-level approach in the regulation of digital assets [1]