#CryptoClarityAct refers to a U.S. legislative proposal called the "Crypto-Asset National Security Enhancement and Enforcement Act" (or any other similar text in recent debates), aimed at providing more regulatory clarity to the cryptocurrency sector.

Main objectives of the Crypto Clarity Act:

Clearly define the roles of regulators:

Clarifies the respective jurisdictions of the SEC (Securities and Exchange Commission) and the CFTC (Commodity Futures Trading Commission) over digital assets.

Aims to end the confusion about what is considered a security or a commodity.

Encourage innovation while protecting investors:

Creates a legal framework that allows crypto businesses to grow in the U.S. without fear of vague regulation.

Requires greater transparency from projects, including token information, governance mechanisms, and associated risks.

Promote the legal adoption of cryptos:

Simplifies compliance for exchanges and decentralized projects.

Creates specific rules for decentralized finance (DeFi) and stablecoins.