Woofun AI reports that Republican members of the U.S. House Financial Services Committee will conduct a live hearing in New York at 10:00 AM Eastern Time to discuss how the CLARITY Act can drive innovation in the digital asset sector. This informational session aims to gather industry opinions and discuss policy implications without affecting the Senate's current legislative process for the bill.

The updated legislative text of the CLARITY Act has not yet been released, with industry sources indicating a delay until next week. Although President Donald Trump previously met with Republican senators regarding ethical provisions, the new bill text remains unpublished. Market participants are closely monitoring the Act as a key component of the U.S. crypto regulatory framework, as its final text and pace will influence compliance pathways for digital asset companies, trading platforms, and institutional investors.