$BNB The CLARITY Act was approved by the House of Representatives on July 17 and is now moving to the Senate for review.
Why it matters for Bitcoin investors: Many Bitcoin-linked businesses operate offshore, often in loosely regulated environments. This bill aims to bring much-needed regulatory clarity—an essential move for boosting investor confidence and strengthening the foundations of the market.
Considering the ongoing tug-of-war between the SEC and CFTC, it’s remarkable that Bitcoin has managed to grow so significantly despite the regulatory uncertainty.