ClarityAct
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#BREAKING :
The U.S. House Financial Services Committee has just released a statement:
“Why Do We Need the Clarity Act?” 🇺🇸
“The Clarity Act establishes a unified regulatory framework for digital assets.”
#ClarityAct #CryptoRegulation #DigitalAssets #USCongress
The U.S. House Financial Services Committee has just released a statement:
“Why Do We Need the Clarity Act?” 🇺🇸
“The Clarity Act establishes a unified regulatory framework for digital assets.”
#ClarityAct #CryptoRegulation #DigitalAssets #USCongress
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CLARITY Bill: A 'Backdoor' for Traditional Finance to Evade Regulations via Blockchain?
During a special hearing on Friday, the Democratic Party in the U.S. House raised alarms about bill #CLARITYAct – a new legal framework aimed at regulating the digital asset market in the U.S.
Concern: this bill would exempt most digital assets from SEC oversight, creating a loophole for traditional financial companies like Robinhood to switch to blockchain to evade regulations, reduce costs, and bypass investor protection obligations like SIPC insurance.
Policy expert Amanda Fischer warns: "The loophole in CLARITY not only affects crypto but could disrupt the entire U.S. financial system." She argues that if the law is passed, companies will use excuses like "DeFi", "meme coin", or "airdrop" to avoid being classified as offering securities.
CLARITY also establishes a two-tier classification system for crypto: most tokens are considered digital commodities, not under the jurisdiction of #SEC , while securities-like tokens will have to undergo a complex process to be recognized as a "mature blockchain system".
Even some Democratic lawmakers friendly to crypto, like Sam Liccardo, are concerned that the bill is too lax with DeFi, a rapidly growing sector that could account for a large portion of transactions in the future.
⚠️ Risk Warning: The bill may affect the legal framework for crypto in the U.S. Investing in digital assets always carries risks and requires careful assessment. #anhbacong
During a special hearing on Friday, the Democratic Party in the U.S. House raised alarms about bill #CLARITYAct – a new legal framework aimed at regulating the digital asset market in the U.S.
Concern: this bill would exempt most digital assets from SEC oversight, creating a loophole for traditional financial companies like Robinhood to switch to blockchain to evade regulations, reduce costs, and bypass investor protection obligations like SIPC insurance.
Policy expert Amanda Fischer warns: "The loophole in CLARITY not only affects crypto but could disrupt the entire U.S. financial system." She argues that if the law is passed, companies will use excuses like "DeFi", "meme coin", or "airdrop" to avoid being classified as offering securities.
CLARITY also establishes a two-tier classification system for crypto: most tokens are considered digital commodities, not under the jurisdiction of #SEC , while securities-like tokens will have to undergo a complex process to be recognized as a "mature blockchain system".
Even some Democratic lawmakers friendly to crypto, like Sam Liccardo, are concerned that the bill is too lax with DeFi, a rapidly growing sector that could account for a large portion of transactions in the future.
⚠️ Risk Warning: The bill may affect the legal framework for crypto in the U.S. Investing in digital assets always carries risks and requires careful assessment. #anhbacong
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House Democrats Accuse SEC of Withholding Information on Crypto Bill
Democratic House staffers in the USA have accused the U.S. Securities and Exchange Commission (SEC) of refusing to provide necessary analysis on the crypto market structure bill, known as the CLARITY Act, while providing this information to Republicans. This incident raised concerns about transparency and the bill's impact on financial markets, including cryptocurrency. This article analyzes the controversy in detail, the bill's content, and its implications for the crypto industry, particularly in the context of Bitcoin hitting $110,000 (according to Binance, June 4, 2025).
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The U.S. is About to 'Return' Crypto to the CFTC – SEC No Longer Has Regulatory Authority?
A major turning point is about to occur in the cryptocurrency market in the U.S.: The U.S. Congress has officially announced the Digital Asset Market Clarity (CLARITY) Act, aimed at reshaping the entire regulatory framework for digital assets – highlighting the removal of the SEC's (Securities and Exchange Commission) control over most types of crypto.
CLARITY Act: Changing the landscape of crypto regulation in the U.S.
CLARITY Act: Changing the landscape of crypto regulation in the U.S.
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