#CryptoClarityAct

**Article on the CLARITY Act for Digital Currencies (100 words)**

The **CLARITY** Act (Clear Market for Digital Assets) is a new U.S. legislation aimed at clearly regulating digital currencies by defining the roles of the **SEC** and **CFTC**. Digital assets are classified as commodities (under **CFTC**) or securities (under **SEC**), with protections for decentralized transactions (DeFi) and users' self-custody. It is supported by both American parties but faces criticism for focusing on assets rather than infrastructure.

It is backed by companies like **Coinbase** and **OpenSea**, which warn of a decline in American leadership due to regulatory ambiguity. However, it is opposed by some Democrats, such as Maxine Waters, who see it as rushed and facilitating dangerous activities. The law is currently being discussed in Congress as part of "Crypto Week".#CryptoClarityAct $BTC $BNB