#CryptoClarityAct CLARITY Law: Is it a golden opportunity or a regulatory trap? 😱📜
A new development shaking the crypto space! The U.S. Senate is now discussing an expanded version of the CryptoClarity Law 🔍 that could completely change the game!
⚖️ What is changing?
💧Division of powers between the SEC and CFTC
💧Clearer definition of digital assets
💧Allowing self-declaration of currencies in just 60 days! ⏱️
🚀 This means… greater ease in listing currencies and reducing legal ambiguity.
But in return… it may pave the way for more regulatory interventions in the future 🧨