New Direction for Crypto from America: #CryptoClarityAct in the Senate!
The US Senate has taken an important step on digital asset regulations. The draft “Responsible Financial Innovation Act” builds on the CLARITY Act passed by the House of Representatives last week.
📌 Highlights:
- A new asset class: “Ancillary Assets” - for tokens that are not considered securities.
- “Regulation DA” proposal offering exemption from SEC registration.
- Gray areas are clarified, paving the way for innovation.
If this draft becomes law, can it overcome the regulation-uncertainty dilemma in the US crypto market? Or will new bureaucratic obstacles arise?
