#CryptoClarityAct #CryptoClarityAct #CryptoClarityAct

The #CryptoClarityAct is a significant step towards regulatory clarity in the digital asset space. Introduced by the US Senate Banking Committee, this bill aims to provide clear guidelines for the rapidly growing industry.

Key Provisions

- *Digital Asset Definitions*: Clearly defines what digital assets are and how they're classified.

- *Regulatory Oversight*: Assigns primary oversight to the Commodity Futures Trading Commission (CFTC) for digital commodities.

- *Anti-Money Laundering (AML) Rules*: