#CryptoClarityAct The Crypto Clarity Act is a law that seeks to regulate and clearly define the status of cryptocurrencies in the U.S. financial system. Below are some key points about this law:✅️✅️

- OBJECTIVE: Establish a clear regulatory framework for cryptocurrencies, defining whether they are securities or commodities.

- REGULATION: The law divides regulatory oversight between the SEC (Securities and Exchange Commission) and the CFTC (Commodity Futures Trading Commission), depending on whether the cryptocurrency is considered a security or a commodity.🔥🚀

- KEY DEFINITIONS:

- DIGITAL COMMODITY: A type of digital asset that is not considered a security and can be transferred directly between individuals without intermediaries.

- MATURE BLOCKCHAIN SYSTEM: A blockchain system that has reached a sufficient level of decentralization and operational stability to be considered a commodity.

- PERMITTED PAYMENT STABLECOIN: A