On June 4, 2025, hearings on the Digital Asset Market Clarity Act took place. This bipartisan bill aims to clarify market structure for digital assets and faced accusations of partisan bias from Democrats. The SEC allegedly withheld crucial information from Democrats while providing it to Republicans. Rep. Landon Zinda, selected by the SEC to provide consultations to Democratic staff, reportedly struggled to answer basic questions despite receiving relevant data beforehand, leading to criticism of his performance. The Democrats fear that the Clarity Act could weaken the SEC’s control over the crypto space, potentially exposing consumers to greater risk and creating loopholes for traditional financial companies to evade regulatory scrutiny. The Clarity Act seeks to set clear rules for cryptocurrency assets, including determining which are treated as commodities or securities. This legislation aims to establish standards for non-custodial platform developers, a contentious issue given past cases of prosecution against mixers like Tornado Cash.