#CryptoClarityAct O Crypto Clarity Act is a US bill that aims to clarify the legal status of cryptocurrencies, specifically determining whether they are considered securities or commodities. The law seeks to provide legal clarity for companies and investors in the cryptocurrency space, reducing disputes with regulatory bodies such as the SEC and the CFTC. The bill, led by Representative Tom Emmer, was created in response to the legal confusion following cases like Ripple v. SEC. The law includes a precise definition of cryptocurrencies, protects decentralized projects from unfounded accusations, and encourages innovation within the United States, rather than losing it due to regulatory ambiguity.