Francis Hill, father of the cryptocurrency bill, said market structure adjustments should be adjusted GENIUS

U.S. lawmakers are refining the Digital Asset Market Clarity Act, Rep. French Hill and Sen. Cynthia Lummis agreed to strengthen the GENIUS Act's regulation of stablecoins. The proposed amendments include stricter CEO accountability, annual audits, restrictions on non-financial companies that issue stablecoins, and protections for autonomous custody and peer-to-peer transactions. The Senate aims to pass the bill by the end of the year, and despite some reservations, the two parties continue to work together.