#CryptoClarityAct
The regulation of cryptocurrencies, through the identification of qualified digital assets and their separation 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 operational transparency and protect investor security.
- **Impact**: Expected to enhance market confidence, encourage innovation, and open the door to broader adoption of digital currencies within the traditional financial system.
- **Current Status**: Still under discussion in Congress, with no final approval yet.