\#CryptoClarityAct
**Senate Unveils Crypto Bill Introducing New Definitions and Exemptions**
Republican lawmakers in the U.S. Senate have released a draft of the **Responsible Financial Innovation Act**, following the House’s approval of the **CLARITY Act**. This new proposal seeks to streamline crypto regulation by introducing a fresh asset category called **“ancillary assets.”** These are digital tokens that don’t meet the criteria for traditional securities, helping to better separate utility tokens from investment-oriented ones.
The legislation also introduces **Regulation DA**, which would allow certain token offerings to bypass SEC registration if they meet specific standards around disclosure and investor safeguards. This move could ease regulatory pressure on blockchain-based startups and decentralized projects, paving the way for more innovation within the U.S.
\$BTC
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\#CryptoClarityAct