The #Clarity bill, submitted to Congress in the US, stands out as one of the most comprehensive framework initiatives for the ecosystem of cryptocurrencies and digital assets. This bill, which is also supported by President Donald #TRUMP , aims to eliminate legal activities related to crypto games in the US for a long time. Here are the highlights and possible impacts:
📜 CLARITY Basic Goals of the Bill
Create clear legalization
Share authority between the SEC (Securities and Exchange Commission) and the #CFTC (Commodity Futures Trading Commission)
Provide investor protection
Give America's digital asset flexibility with the goal of global governance
🧭 Outline of recommended regulations
1. Clarification of Jurisdictions
SEC: Will supervise digital assets considered as securities.
CFTC: Will regulate assets that are considered digital commodities.
This distinction is stated that, for example, Bitcoin's CFTC, while some token projects may be subject to SEC supervision.
2. Transparency and Disclosure Mandatory
Crypto projects and companies will be subject to greater disclosure requirements against companies.
3. Registration and Compliance Rules
Clear registration requirements will be established for crypto platforms and tools.
4. User Rights
Crypto users' rights to hold assets in their personal wallets and conduct direct transactions (peer-to-peer) will be protected.
5. Stablecoin Regulations
Special and clear regulations will be introduced for stablecoins used in payments.
6. Principles for DeFi
Special exceptions will be defined for decentralized finance (DeFi) applications.
7. International Cooperation
Regulatory prosperity and cooperation with other countries will be ensured.
🏛️ Political Support and Comments
French Hill (Leader of the bill): A system that encourages innovation while protecting the consumer is aimed for.
G. T. Thompson (Co-sponsor): Providing clarity for entrepreneurs is an “exciting step.”
Bryan Steil: “The golden age of digital tools” has begun.
Warren Davidson: Privacy and transaction freedom are protected.
Ritchie Torres: The outcome of uncertainty and the emergence of innovation.
📈 Potential Impacts
Area Potential Impact
Markets Clarity can increase investor security, accelerate institutional capital inflows.
Legal divisions for US-based crypto companies, encourage innovation.
Global Competition Offers a strong alternative to regulations in the US, Europe, and Asia.
DeFi & Stablecoin First-time, supported by clear and positive regulations, could increase adoption. $TRUMP
