Crypto regulation just took a major turn: the Digital Asset Market Clarity Act (DAMCA)—a hefty 278-page bill hammered out through months of Senate negotiations with industry stakeholders—could reshape how digital assets are overseen. The proposal splits regulatory authority between the SEC and CFTC, addressing a long-standing gap in market structure. Industry reactions have been mixed though. Some see it as a breakthrough for clarity; others worry certain concessions may not go far enough. Either way, this bipartisan effort signals serious momentum toward establishing a clearer framework for the crypto space. The market structure we've all been waiting for? Maybe finally happening.