$BNB #CryptoClarityAct
The Crypto Clarity Act is a key legislation in the U.S. aimed at clearly distinguishing between security tokens and commodity tokens, helping crypto companies to identify their legal obligations sooner. The act empowers token issuers to self-assess the nature of their assets, providing transparent reports to the SEC and CFTC. This is a significant step in reducing legal risks, promoting innovation, and attracting investment in the Web3 sector. The Crypto Clarity Act could create a wave of blockchain startup growth in the U.S. and significantly support crypto prices in the medium term.