#CryptoClarityAct

The Crypto Clarity Act is a proposed legislation in the United States aimed at clearly defining which digital assets should be classified as securities and which as commodities. Its main objective is to reduce regulatory confusion and provide a transparent legal framework for crypto projects, investors, and exchanges. By distinguishing the roles of the SEC and the CFTC, this act will help prevent overlapping regulations and promote innovation in the blockchain space. If passed, the Crypto Clarity Act can foster greater institutional trust and attract more investment into the crypto industry by offering much-needed legal certainty and protection to market participants.