#CryptoClarityAct

This is a U.S. legislative proposal aimed at clarifying the regulatory framework for cryptocurrencies by defining eligible digital assets and distinguishing them from securities.

- **Regulation**: Grants the Commodity Futures Trading Commission (CFTC) greater authority over cryptocurrency markets, instead of the Securities and Exchange Commission (SEC) in certain cases.

- **Transparency**: Imposes strict disclosure requirements on trading platforms and blockchain projects to ensure transparency of operations and protect investor security.

- **Impact**: Expected to enhance market confidence, encourage innovation, and pave the way for broader adoption of digital currencies within the traditional financial system.

- **Current Status**: Still under discussion in Congress, with no final approval yet.