#CryptoClarityAct The Crypto Clarity Act, recently passed by the U.S. House, aims to establish a comprehensive regulatory framework for digital assets. A primary goal is to resolve jurisdictional disputes between the SEC and CFTC by clearly defining which digital tokens are "digital commodities" and which are "securities." The Act outlines registration and disclosure requirements for crypto firms, introduces consumer protections like proof of reserves, and provides a "safe harbor" for token projects to decentralize without immediate SEC enforcement. It also explicitly protects self-custody and peer-to-peer transactions, seeking to foster innovation and institutional adoption in the U.S. crypto market.
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