Lowenstein Crypto advises leading digital asset and cryptocurrency projects, exchanges, and trading firms. Our practice covers regulatory advice, transactions and structuring advice, investigations, and adversarial matters including commercial disputes, bankruptcy, and related litigation. As these markets continue their rapid growth and market participants continue to evolve and mature their businesses, we are providing this weekly digest as a resource that highlights and summarizes a selection of key recent legal regulatory developments.

Clarity Act Reported to the Senate and Placed on the Legislative Calendar

On June 1, H.R. 3633, the Digital Asset Market Clarity Act, was reported to the Senate by Sen. Tim Scott of South Carolina…