Breaking! The "CLARITY Act" shakes Washington, crypto regulatory power may undergo a major overhaul!
The U.S. Congress is about to experience a seismic event in the history of cryptocurrency! The highly anticipated "CLARITY Act" has emerged, directly targeting the core of SEC regulatory power—if passed, it will officially transfer the regulatory authority over digital assets from the SEC to the CFTC, and BTC and ETH will be labeled as “commodities,” freeing them from the constraints of securities!
This is not just a piece of legislation; it is a complete restructuring of the regulatory landscape. On June 10, the House Financial Services Committee will begin its fateful review, and the entire market is holding its breath. However, the Democratic Party's “delay tactics” are also following closely behind, calling for a minority day hearing, intending to slow down the pace of progress.
Meanwhile, the SEC is busy holding a DeFi roundtable, and former CFTC officials will also speak in the Senate. The battle for the narrative of crypto regulation has already ignited a fierce fire in Washington!
Once the "CLARITY Act" is implemented, the Web3 world may usher in a true "regulatory clearing" and "policy spring"—this is a direct counterattack against the SEC's crackdown on project parties, and a historic leap towards the legalization and compliance of Bitcoin and Ethereum!
Regulatory reshuffling, the sword is drawn, who will win this battle for crypto power? The entire market is waiting for this day!
