🚨CLARITY Act Passes House Committee: Major Crypto Legislation Advances.🚀

The House Financial Services Committee voted 32-19 to pass the CLARITY Act, moving it to a full House vote. This landmark crypto bill could reshape regulation and boost DeFi and Ethereum markets! Here’s what you need to know:

Clear Rules: Defines digital assets as securities (SEC) or commodities (CFTC), reducing uncertainty.

DeFi Boost: Eases regulations for decentralized platforms like Uniswap($UNI i), PancakeSwap ($CAKE KE), and Venus ($XVS ).

Investor Protections: Sets compliance rules for crypto firms to ensure safety.

Bipartisan Support: Backed by 2 Democrats and Republicans, showing broad appeal.

Next Steps: Awaits House floor vote, then Senate. Passage could drive institutional investment, like BlackRock’s $500M ETH buys.

Bullish for crypto! Stay tuned for updates. #Crypto #defi i #CLARITYAct