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#CryptoClarityAct The Crypto Clarity Act, specifically the "Clarity Act for Digital Tokens of 2025" or "CLARITY Act", aims to provide regulatory clarity for cryptocurrencies and digital assets in the United States. Here are some key points about the Act¹:
Main Provisions
- *Definition of Digital Assets*: The Act seeks to define when a digital asset is considered a commodity or a security, providing clarity for projects and investors.
- *Regulatory Framework*: It aims to establish a clear regulatory framework for digital assets, including rules for registration and compliance.
- *Administration Support*: The Act has received support from the Trump administration, which expressed a desire to foster innovation in the cryptocurrency space.
Progress
- *House Approval*: The CLARITY Act was approved by the House of Representatives, marking a significant step towards becoming law.
- *Senate Review*: The Act is currently under review in the Senate, where it may undergo further changes and debates.
- *Potential Impact*: If approved, the CLARITY Act could provide the much-needed clarity and stability for the cryptocurrency industry in the United States, potentially attracting more investments and innovations.
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