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🔥🚀🚀The Crypto Clarity Act is a law that seeks to regulate and clearly define the status of cryptocurrencies in the U.S. financial system. Here are some key points about this law:✅️✅️

- OBJECTIVE: Establish a clear regulatory framework for cryptocurrencies, defining whether they are securities or commodities.

- REGULATION: The law divides regulatory oversight between the SEC (Securities and Exchange Commission) and the CFTC (Commodity Futures Trading Commission), depending on whether the cryptocurrency is considered a security or a commodity.