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#CryptoClarityAct Big news from the U.S. Senate! 🏛️ A new draft of the **Clarity Act** has been released, aiming to clear up confusion around crypto rules. Here’s what you need to know: 🔹 **What’s in the Draft?** - Defines which crypto assets are **securities** (regulated by the SEC) and which are **commodities** (regulated by the CFTC). - Sets rules for **disclosures** and **margin trading** to protect investors. - Open for public feedback until **early August**. 🌍 **Why It Matters** Right now, crypto regulation in the U.S. is messy. This law could finally bring **clear rules**, making it safer for investors and easier for institutions to get involved. 🚀 **What’s Next?** - The Senate could pass it **before October**. - The SEC & CFTC will then set detailed rules. - Analysts think this could **reduce market volatility** and boost confidence. 💡 **Bottom Line:** Clearer rules = more trust in crypto! 🚀 #CryptoClarityAct CryptoNews #Regulation #Bitcoin #SEC #CFTC
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$BNB second report in COINTELEGRAPH that informs: Family office of the founder of Binance supports treasury company in BNB aiming for IPO The investment company of Binance founder, Changpeng Zhao, is supporting the creation of a company that will buy and hold BNB, with plans to go public in the USA. The family office of Binance co-founder, Changpeng Zhao, is about to support a new treasury company that will offer investors exposure to BNB, with the goal of going public in the USA. YZi Labs stated on Wednesday that it will support the investment company 10X Capital in the creation of a treasury company in BNB BNB R$ 4,274.06 that will seek listing on "a major US exchange," according to a statement shared with Cointelegraph. Referred to only as "BNB Treasury Company," the company will have David Namdar as CEO, a senior partner at 10X Capital and co-founder of Galaxy Digital, where he previously served as co-head of trading. 10X Capital will be the asset manager of the future BNB-buying company. The planned company is the latest in a trend of companies accumulating large amounts of cryptocurrencies, such as Bitcoin BTC R$ 654,664 , offering Wall Street a vehicle for exposure to digital assets. BNB, formerly known as Binance Coin, is a token created by the cryptocurrency exchange Binance, the largest in the world by volume, which offers discounts to holders on the platform and is used in products of the BNB Chain blockchain, created by Binance in 2019.
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