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Malik sajid hafeez
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#CryptoClarityAct The CLARITY Act, or Digital Asset Market Clarity Act of 2025, aims to bring regulatory clarity to the cryptocurrency industry by defining the roles of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in overseeing digital assets. *Key Provisions:* - *Digital Asset Classification*: The Act defines digital assets based on their functional characteristics, categorizing them as digital commodities, securities-like assets, or stablecoins. - *Regulatory Jurisdiction*: The CFTC will oversee digital commodities like Bitcoin, while the SEC will regulate securities-like assets. - *Stablecoin Regulation*: The Act introduces the concept of "permitted payment stablecoins," which are digital assets fully backed by fiat currency and redeemable one-to-one. - *Registration Requirements*: Exchanges, brokers, and dealers dealing with digital commodities must register with
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