#CryptoClarityAct

The Senate bill introduces new asset classifications and regulatory exemptions that could significantly change the landscape of cryptocurrency innovation in the United States. By providing clearer definitions of digital assets — such as distinguishing between commodities, securities, and utility tokens — the law could alleviate legal uncertainty and encourage more domestic companies to innovate. Regulatory exemptions for startups could lower entry barriers, foster competition, and attract international cryptocurrency companies to establish operations in the United States.