According to CoinMeta, a16zcrypto, the person in charge of policy and regulation, miles jennings stated that the U.S. Senate should push for the passage of the "Digital Assets Market clarity Act." This act requires digital asset brokers, traders, and exchanges to implement customer asset segregation, qualified custody, information disclosure, and restrictions on insider trading, and it also clarifies the regulatory boundaries between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). miles jennings warns that the current supply of stablecoins has exceeded $300 billion, and the market value of tokenized assets has surpassed $30 billion. If the Senate does not take action, the impact of the next market crash could be greater than that of the FTX incident.