#CryptoClarityAct

It is a proposed US law aimed at clarifying the regulatory framework for cryptocurrencies by defining eligible digital assets and distinguishing them from securities.

- **Regulation**: It grants the Commodity Futures Trading Commission (CFTC) greater powers over cryptocurrency markets, instead of the Securities and Exchange Commission (SEC) in some cases.

- **Transparency**: It imposes strict disclosure requirements on trading platforms and blockchain projects to ensure transparency in operations and protect investor security.

- **Impact**: It is expected to boost confidence in the market, encourage innovation, and pave the way for broader adoption of digital currencies within the traditional financial system.

- **Current Status**: It is still under discussion in Congress, with no final approval yet.