🚨 BREAKING: The House Financial Services Committee Passes The CLARITY Act
The House Financial Services Committee advances the CLARITY Act (32-19 vote), a pivotal bill that defines digital assets as either securities or commodities.
What does this mean?👇
• Shifts jurisdiction toward CFTC
• Provides long-awaited legal clarity for U.S. crypto markets
• Reduces regulatory uncertainty for institutional participants
• Creates a clear framework for token classification & compliance
If passed by the full House, this could open the door for accelerated institutional adoption and U.S.-based digital asset innovation.