#CryptoClarityAct

*Crypto Clarity Act (H.R. 3633)*

The law aims to define the regulatory body for digital currencies: the Commodity Futures Trading Commission (CFTC) is empowered to oversee currencies classified as commodities, while the Securities and Exchange Commission (SEC) is designated to regulate initial investment offerings. The law supports the concept of "mature assets" to be considered commodities after achieving a sufficient degree of decentralization, and allows raising up to $75 million annually without SEC registration under clear conditions. It also mandates the registration of trading platforms and brokers, and ensures the self-custody rights of users.

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