With the enactment of the GENIUS Act and passage of the CLARITY Act through the U.S. House of Representatives, the United States has reversed its hostile approach to the digital asset ecosystem. While the Biden Administration spent the past four years injecting uncertainty for digital asset users and innovators, other countries pursued different approaches. This reality was apparent as I traveled with bipartisan members of the House Committee on Financial Services and House Committee on Agriculture to Latin America and Europe for a series of digital asset oversight meetings.
During our discussions with both the private sector and government policy leaders, I had the opportunity to see firsthand how digital assets are being used and evolving globally. The takeaway is clear: Latin America,