#CryptoClarityAct

It is an American bill aimed at clarifying the regulatory framework for cryptocurrencies by defining eligible digital assets and separating 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 some cases.

- **Transparency**: Imposes strict disclosure requirements on trading platforms and blockchain projects to ensure operational transparency and safeguard investors.

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

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