PANews reported on May 13 that David Sacks stated that the U.S. Senate Banking Committee will review the "Digital Asset Market Clarity Act" markup tomorrow, viewing it as a significant step towards making the U.S. a "global crypto capital." He noted that the bill was spearheaded by Senate Banking Committee Chairman Tim Scott, with the participation of White House crypto affairs chief Patrick Witt and related staff, resulting in a compromise text. Sacks stated that approximately 50 million people in the U.S. hold or use crypto assets, and this legislation aims to provide a clearer regulatory framework for the digital asset market, ensuring the continuation of innovative activities.