The CLARITY Act has advanced in Congress following a narrow vote led by Republican lawmakers, marking a significant step toward establishing a clear framework for the United States crypto market. The bill is designed to define how digital assets are classified and clarify the roles of regulators such as the Securities and Exchange Commission and the Commodity Futures Trading Commission.
Supporters believe the legislation will provide certainty for investors and businesses, allowing innovation to grow without fear of inconsistent rules or legal challenges. Critics caution that some provisions could limit competition or favor larger companies over smaller innovators.
The next phase for the CLARITY Act includes review and debate in the Senate and possible revisions before it can be enacted into law. If approved, it could shape the way digital assets are regulated in the United States, affecting trading practices, compliance requirements, and the adoption of cryptocurrencies by both institutions and individuals.
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