The bill #Clarity , submitted to the U.S. Congress, stands out as one of the most comprehensive framework initiatives for digital currencies and digital assets. This bill, which is also supported by President Donald #TRUMP , aims to eliminate legal activities related to crypto gaming in the U.S. for a long time. Here are the highlights and potential impacts:
📜 The main goals of the bill
Establish clear legislation
Power-sharing between the Securities and Exchange Commission (SEC) and #CFTC (Commodity Futures Trading Commission)
Providing protection for investors
Providing flexibility for U.S. digital assets with the aim of global governance
🧭 A roadmap for recommended regulations
1. Clarifying jurisdictions
Securities and Exchange Commission: Will oversee digital assets considered securities.
Commodity Futures Trading Commission: Will regulate assets considered digital commodities.
This distinction is referred to as, for example, CFTC Bitcoin, while some token projects may be subject to SEC oversight.
2. Transparency and mandatory disclosure
Crypto projects and companies will be subject to greater disclosure requirements compared to corporations.
3. Registration and compliance rules
Clear registration requirements will be established for crypto platforms and instruments.
4. User rights
The rights of crypto users to hold assets in their personal wallets and conduct direct transactions (peer-to-peer) will be protected.
5. Stablecoin regulations
Clear and specific regulations will be introduced for stablecoins used in payments.
6. Principles specific to DeFi
Special exemptions will be defined for decentralized finance (DeFi) applications.
7. International cooperation
Regulatory prosperity and cooperation with other countries will be ensured.
🏛️ Political support and feedback
French Hill (bill sponsor): Aims for a system that encourages innovation while protecting consumers.
G.T. Thompson (co-sponsor of the bill): Providing clarity for entrepreneurs is a "bold step".
Brian Stile: The "golden age of digital tools" has begun.
Warren Davidson: Privacy and freedom of transactions are protected.
Rich Torres: The result of uncertainty and the emergence of innovation.
📈 Potential impacts
Potential impacts of the region
Increased market clarity can enhance investor safety and accelerate institutional capital flows.
Legal transformations for U.S.-based crypto companies encourage innovation.
Global competition offers a strong alternative to regulations in the U.S., Europe, and Asia.
DeFi & stablecoins for the first time, supported by clear and positive systems, may increase adoption. $TRUMP
