#CryptoClarityAct

🛡️ #CryptoClarityAct Incoming – Market‑Friendly or Risky Business?

🔹 U.S. House passed the Clarity Act, defining crypto assets as securities or commodities, shifting oversight from SEC to CFTC.

🔹 It's part of a “Crypto Week” package alongside the Genius and Anti‑CBDC Acts—aiming for clearer laws versus digital assets 🏛️

🔹 Global crypto-market cap dipped slightly (~1–1.5%) amid mixed investor reactions.

🔹 Senators released a draft to build on it, refining exemptions & platform rules before Senate vote expected by Q4.

🔹 Backers say it boosts institutional confidence and streamlines regulation; critics warn reduced SEC reach might weaken retail protections.

🔹 Current sentiment: cautious optimism—“greed” over confidence, but retail wary of power shifts.

🔹 Markets saw minor dips in BTC, ETH, XRP; traders eye stability vs. regulation progress.

🔹 🎯 Forecast: If the Senate finalizes by September, expect institutional flows + crypto adoption, but retail volatility may persist.