$BNB The Crypto Clarity Act is a law that seeks to regulate and clearly define the status of cryptocurrency assets in the U.S. financial system. Below are some key points about this law:✅️✅️
- OBJECTIVE: Establish a clear regulatory framework for cryptocurrency assets, 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 asset is considered a security or a commodity.🔥🚀
- KEY DEFINITIONS:
- DIGITAL COMMODITY: A type of digital asset that is not considered a security and can be transferred directly between individuals without intermediaries.
- MATURE BLOCKCHAIN SYSTEM: A blockchain system that has reached a level of decentralization and operational stability sufficient to be considered a commodity.
- PERMITTED PAYMENT STABLECOIN: A