Post-GENIUS: Why Crypto Needs More Clarity and Market Structure Now
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Following the President’s Working Group on Digital Assets releasing its much-anticipated 180-day report, America is taking a leadership role in defining the regulatory contours of a rapidly evolving market.

The report and the recent legislative momentum surrounding it signals that the U.S. is ready to set the global agenda for digital asset adoption, development, and oversight. No longer are we merely reacting to innovations; we are shaping the standards that will drive sustainable growth, bolstering international competitiveness, and offering real protections to market participants. As we begin to sunset this era of digital asset ambiguity, legislators, regulators, industry leaders, and consumers are now looking ahead, together, toward a clarified path.

Recently, as I joined my crypto peers at White House to witness the signing of the GENIUS Act, I reflected on how the industry got here, but more importantly, how to keep this momentum going. While the GENIUS Act is a landmark moment that is bringing long-overdue regulatory clarity to U.S. dollar–pegged stablecoins, it doesn’t finish the job. Not if America wants to compete. Not if we want to stop losing top talent and financial innovation to offshore jurisdictions. Not if we want the digital economy of the future to be governed by U.S. values, law, and transparency.

For those of us building the future of finance from the ground up, it wasn’t just a photo op. It was a signal, and a message to entrepreneurs, institutions, and investors alike that the United States is finally serious about leading in digital assets.

This is the next industrial revolution. This is the next space race. American innovators are at the helm, and we can keep it that way with the right policy framework.

The most immediate next step is legislative movement of the Clarity for Payment Stablecoins Act, or Clarity Act, and the Digital Asset Market Structure Act. Together, they form the foundation for an American-led digital asset ecosystem, one that protects consumers, respects innovators, and finally tells the world: here are the rules, come build here.

The Clarity Act brings legal certainty to how digital assets are treated, a binary that has paralyzed innovation for years, and the Digital Asset Market Structure Act outlines how centralized and decentralized actors can register, comply, and operate without being treated like criminals for writing open-source code. These are not partisan bills, they’re infrastructure. Building the digital asset ecosystem is no different than paving roads, powering grids, or laying the wires that bring the world online.

Let’s be honest – this clarity is overdue. No serious investor, retail or institutional, should be expected to wade through regulatory grey zones just to access an emerging asset class. We need clear lanes. We need disclosures. We need rules. And above all, we must remember that true leadership means providing a path forward rather than relying on enforcement alone.

The GENIUS Act passed with speed and bipartisan momentum. Why? Because it focused on something concrete: dollar-pegged stablecoins, backed 1:1, with required audits and state or federal registration. Congress proved it can move fast when the stakes are understood. The same urgency now applies to the broader digital asset market.

We are in a global competition. Other nations are writing the rules as we speak, some more free, others far less so. If America doesn’t lead here, someone else will. That’s a risk we cannot afford to take.

So let’s move. Let’s pass the Clarity and Market Structure Acts. Let’s build the next great financial system — not in the shadows, not offshore, but here, in full view of the world. We proved it’s possible with GENIUS. 

Now let’s finish the job.

Joe Sticco is the co-founder of Cryptex Finance, on-chain index infrastructure for the modern financial stack.


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