Lewis Rinaudo Cohen and Sarah Chen Author Bloomberg Law Article on Crypto Policymaking
August 6, 2026
CahillNXT partner and co-chair Lewis Rinaudo Cohen, along with partner Sarah Chen, recently co-authored an article, "Wave of Crypto Policymaking Means Lawyers Can Help Shape Rules," in Bloomberg Law.
As the digital asset landscape continues to evolve at a rapid pace, federal lawmakers are pushing forward with sweeping legislative proposals aimed at establishing a comprehensive regulatory framework for cryptocurrencies and other digital assets. With the Digital Asset Market Clarity Act (Clarity Act) pending before the Senate, crypto market participants are anticipating a "major regulatory overhaul" that could trigger an extensive rulemaking process involving the Securities and Exchange Commission, Commodity Futures Trading Commission, Treasury Department and other federal regulators.
The article details the key provisions of the Clarity Act and examines what the legislation would mean for market participants across the crypto ecosystem. The article examines key rulemakings that would follow enactment of the Clarity Act, including regulations addressing token disclosures, coordinated control, disposition restrictions, stablecoin yield, decentralized finance and digital asset intermediaries. The authors explain that the scope and compressed timeline of the anticipated rulemaking process create an important opportunity for market participants and their counsel to engage early and help shape the regulations that would implement the legislation.
Read the full article: Wave of Crypto Policymaking Means Lawyers Can Help Shape Rules
To help readers navigate the legislation’s complex framework, CahillNXT launched the interactive CahillNXT Clarity Map, a tool designed to visualize the interconnections among the Act’s key concepts and provisions. Explore the CahillNXT Clarity Act Resource Hub here.