The proposed Crypto Clarity Act is being hailed as a crucial step toward defining the legal status of digital assets in the U.S. For years, confusion around whether cryptocurrencies are securities or commodities has stifled innovation and left projects vulnerable to enforcement actions. This act aims to clearly distinguish tokens based on their function and decentralization level, offering much-needed guidelines for developers, investors, and exchanges. If passed, the bill could protect startups from regulatory uncertainty and encourage more institutional participation. By fostering transparency and accountability, the Crypto Clarity Act might be exactly what the U.S. needs to lead in Web3 innovation.
