#CryptoClarityAct an ambitious initiative in the US aimed at creating a clear regulatory framework for the crypto market. The bill H.R. 3633, also known as the Digital Asset Market CLARITY Act, regulates which tokens are securities (under the control of the SEC) and which are digital commodities (CFTC).

🌚It creates a definition of mature blockchains, allows decentralized tokens to change status from securities to commodities and provides for a “safety threshold” of up to \$75 million for token issuance.

🤷This will help remove uncertainty for exchanges, DeFi platforms and developers, simplifying the registration and compliance paths

👀Interestingly: during the hearings, the debate heated up when Rep. Maxine Waters warned that the law could allow individuals close to Trump to use it “for personal gain” by supporting meme coins.