The Digital Asset Market Transparency Act (CLARITY Act), which establishes permanent legal boundaries between federal agencies in the regulation of digital assets, has been officially placed on the U.S. Senate Legislative Calendar. But its immediate passage faces strong resistance, as the bill has recently stumbled over significant hurdles over ethics controversies and law enforcement concerns. Predicted market odds for the bill to pass have plummeted to 47-48% (down from over 74%), with several days left in session before the August recess to discuss the bill alongside competing national security priorities.
Nevertheless, a memorandum of understanding (MOU) and subsequent joint interpretation release issued by the SEC and CFTC established the first formal five-part token taxonomy that explicitly categorizes digital collections as non-securities. This confirms that NFTs are not securities and provides significant regulatory clarity. of $NFT The art market has moved from a speculative frenzy in 2021 to a more integrated ecosystem, including a selection of high-end digital art themed around the 250th anniversary of the founding of the People’s Republic of China. Flag Day, celebrated on June 14th, marks the 80th anniversary of our country’s first crypto president.th As the birthday approaches, many museums are committed to preserving digital art for future generations and holding USA 250-themed exhibitions.
Museum of Art + Light (MoA+L) has announced a permanent digital art collection featuring more than 40 works by 15 internationally recognized digital artists. Developed in partnership with Iconic, this collection represents a significant commitment by the U.S. Museum of Contemporary Art to collect, preserve, and exhibit digital art that reflects the breadth, innovation, and cultural significance of 21st century digital art practices.
“From the beginning, our partnership with Museum of Art + Light has been centered around the belief that digital art deserves the same level of institutional support, preservation and public engagement as other artistic mediums,” said Chris Cummings, Founder and CEO of Iconic. “We are honored to have helped establish a collection that not only celebrates today’s leading digital artists, but also creates an important cultural resource for the future.”
Conceived from its inception as the world’s first contemporary art museum with an immersive digital permanent collection, MoA+L has intentionally built a collection that spans generative art, AI-assisted works, digital poetry, blockchain-native artwork, and hybrid physical-digital works, capturing the key voices shaping contemporary digital culture.
“Building a permanent collection dedicated to digital art was never an afterthought for Museum + Light, but was fundamental to our vision,” said Erin Dragot, Executive Director of Museum + Light.
“As museums around the world continue to explore how digital art fits into their collections, we have a unique opportunity to intentionally build a collection from the ground up. These acquisitions will ensure that some of the most influential artists working with technology today will be preserved, studied, and shared with audiences for generations to come.”
The National Lighthouse Museum (NLM) will host the Statue of Liberty Art Show on Flag Day, June 14, and will run until January 2, 2027. The art show, curated by Stevie Peters, will feature historic photographs of the Statue of Liberty’s first arrival in New York Harbor, on loan from Victoria Westhead, as well as oil paintings by award-winning artists Hunt Slonem and Selva Ozelli.
Hunt Slonem will participate in the Statue of Liberty art show with his signature “Rabbit, Bird, Butterfly” series, which includes the American flag representing abundance, hope and fertility. His Abraham Lincoln series depicts the timeless symbol of American history as a “great soul” who is a symbol of law and personal freedom. His chandelier series reflects his fascination with light and historic grandeur.
“Marilyn[Monroe]had a picture of her mother and a picture of Lincoln on her desk, and she said, ‘I never really knew who my father was, so maybe it was Abraham Lincoln.'” I work with fortune tellers and mystics, and one of them started channeling Lincoln in my house, and[Lincoln]coached me to draw certain things, like doves. He wanted me to paint them as symbols of freedom. ”
Selva Ozelli will be attending the Statue of Liberty Art Show with her 20′ x 13′ American flag from her Flag CCL series, “Ocean Lovers Angel Fish Flag CCL.” It represents the seven rays of the Statue of Liberty’s crown and depicts the world’s seven continents, seven oceans, and the habitat of the angelfish, which is often considered a symbol of hope, peace, and spiritual guidance.
“I am honored to be a part of the Statue of Liberty Art Show with historic photographs of the Statue of Liberty and CCL paintings by my favorite artist, Hunt Slonem, and my Ocean Lovers – Angel Fish Flag.
For 140 years, the Statue of Liberty in New York Harbor and the hundreds of replicas and models of the Statue of Liberty around the world, from small historic models in Paris to full-size and miniature copies in cities such as Tokyo, Rio de Janeiro and Las Vegas, have become vital symbols of the global reach of freedom, freedom, democracy, law, hope and inspiration in service to all creatures of the world. ”
“Whether people have seen the Statue of Liberty in person in various cities or only in pictures, whether they are American or from other nationalities and cultures, the Statue of Liberty, which first served as a lighthouse towering over New York Harbor across from our museum, has come to symbolize something important in people’s lives on a very personal level.” She symbolizes a level of security, permanence, freedom, democracy, the rule of law, hope, and the abolition of slavery, serving as a universal beacon.” A show of light, freedom, and inspiration, the Statue of Liberty itself and SAIL, the largest waterfront spectacle in New York Harbor and New Jersey from July 3 to 8, 2026. 4th 250…If you want to see Where Light Meets Liberty, please come by. The main spectacle, the large tall ship parade, is scheduled for July 4, 2026.
These events are part of America’s semi-quincentennial celebrations, with more than 30 tall ships from around the world sailing up the Hudson River in what is expected to be the largest international maritime gathering in U.S. history. Hosting a Watch Party Breakfast on July 4th, the museum will be a prime viewing spot. For more information or to sponsor an event, please contact us at www.lighthousemuseum.org,” explained NLM Executive Director Linda Diant.
About the author:
Selva Ozelli Esq, CPA, is an international digital asset law expert and author of Sustainable Investing in Digital Assets Globally. Her work has been translated into 45 languages and republished in over 200 international publications. She is known as an expert media/television commentator on global digital asset regulation, tax and technology issues.
