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The Senate Banking Committee Reveals the "Clarity" Act to Restructure Cryptocurrency Regulation in the United States
23-7-2025 - The Senate Banking Committee has issued a bill that would radically restructure how digital assets are regulated in the United States, proposing a framework that reduces oversight of securities while expanding the authority to regulate commodities. The "Clarity" Act creates a dual regulatory system between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), significantly expanding the authority of the Commodity Futures Trading Commission.