The quest for clear, workable U.S. cryptocurrency regulation has been a long and challenging endeavor. A recently introduced bill in the U.S. Congress, known as the CLARITY Act, offers optimism to industry players amidst this complex regulatory landscape. Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, strongly supports the bill’s introduction, highlighting it as a potential game changer for the future of crypto regulation in the U.S. The bill aims to provide much-needed definitions and guidelines for digital assets, particularly concerning the distinction between commodities and securities. This has been a major point of contention and the source of significant regulatory confusion for businesses and investors alike.