#CryptoClarityAct is making big moves! Here's a quick update:
* House Passed It! 🏛️ The U.S. House of Representatives recently passed the Digital Asset Market Clarity (CLARITY) Act with strong bipartisan support (294-134 votes) on July 17, 2025. 🎉
* What it Does: 🧐 This act aims to bring much-needed clarity 📖 to crypto regulation. It's designed to define the roles of the SEC 🏛️ (Securities and Exchange Commission) and the CFTC ⚖️ (Commodity Futures Trading Commission) in overseeing digital assets. This means less confusion about what's a "digital commodity" and what's a "security." 💡
* Key Goals: 🎯
* Investor Protection: 🛡️ It seeks to safeguard consumers and investors.
* Innovation: 🚀 It aims to foster innovation in the U.S. crypto industry.