U.S. Rep. French Hill said the U.S. needs a comprehensive digital financial regulatory framework that goes beyond the stablecoin legislation passed by the Senate this month. Hill is pushing for the passage of the CLARITY Act to establish a clear cryptocurrency market structure and coordinate the Senate's GENIUS Act and the House's STABLE Act. New York State Financial Regulator Adrian Harris warned that excessive federal intervention in cryptocurrencies could undermine the role of state regulators, and she emphasized the importance of a "meaningful state-level approach" in digital asset regulation.