#CryptoClarityAct

"Big news in crypto! ๐Ÿ‡บ๐Ÿ‡ธ The Crypto Clarity Act (Digital Asset Market Structure Clarity Act) passed the House of Representatives with bipartisan support! ๐Ÿš€

This bill brings much-needed regulatory clarity to the crypto space in the U.S., defining oversight for digital assets between the CFTC and SEC. Key points include:

- Clear definitions for digital assets

- CFTC oversight for digital commodities

- Registration requirements for crypto businesses

- Safe harbor for projects aiming for decentralization

Next stop: the Senate! ๐Ÿ”„ What do you think about this regulatory move? #CryptoClarityAct #CryptoRegulation #Blockchain"