#CryptoClarityAct

The Transparency Law for Digital Asset Markets is one of the most prominent proposed legislations (CLARITY Act - H.R.3633) in the United States, which aims to establish a clear and comprehensive regulatory framework for digital currencies and assets based on blockchain technology.

The law aims to:

. Provide a clear definition of digital currencies as a separate class of assets called digital commodities, primarily regulated by the Commodity Futures Trading Commission (CFTC) rather than the Securities and Exchange Commission (SEC) in most cases.

. Reduce the regulatory ambiguity that the Web 3 sector has suffered from, granting companies and investors legal certainty about how to comply.

. Encourage innovation in the blockchain field through a supportive and clear legal environment.$BNB