Odaily News U.S. Representatives Tom Emmer and Darren Soto have reintroduced the Securities Clarity Act, which aims to clarify the legal distinction between crypto assets and securities contracts and provide a compliance path for innovative projects. The bill has been supported by Coin Center, the Blockchain Association, and others, and is seen as an important prelude to U.S. crypto market structure legislation. The bill emphasizes that "investment contract assets" should be independent of the issuance of securities to which they were originally attached, laying a legal foundation for the reclassification of digital assets as commodities after decentralization.