By Neil Roland ( July 22, 2026, 21:44 GMT | Insight) — US Senate Republicans circulated an updated version of a bill to govern the broader digital asset market that drew fire from banking groups and key Democrats. The Digital Market Asset Clarity Act includes the first limits on presidents’ and other federal officials’ issuance or sponsoring of crypto. The legislation would delegate enforcement of the ban to the US Department of Justice. But one of the leading Democratic proponents of the legislation until now, Senator Angela Alsobrooks of Maryland, expressed skepticism about US attorney general enforcement and called for that authority to rest with state attorneys general.US Senate Republicans circulated an…