💬 The Senate’s “Responsible Financial Innovation Act” could be a game-changer for crypto in the U.S.
Why it matters:
Introduces clear rules for non-security tokens (“ancillary assets”)
Exempts some token sales from SEC registration (Regulation DA)
Could boost innovation, attract institutional capital, and make the U.S. a Web3 leader
Challenges:
SEC vs. CFTC power struggles
Risk of vague definitions being exploited
Political delays could stall progress
🔍 Bottom line: Big step forward — but smooth implementation is key. #CryptoClarityAct