#CryptoClarityAct
It is an American bill aimed at clarifying the regulatory framework for cryptocurrencies by identifying qualified digital assets and separating them from securities.
- **Regulation**: Grants the Commodity Futures Trading Commission (CFTC) greater authority over cryptocurrency markets, instead of the Securities and Exchange Commission (SEC) in some cases.
- **Transparency**: Imposes strict disclosure requirements on trading platforms and blockchain projects to ensure operational transparency and protect investors' security.
- **Impact**: Expected to enhance trust in the market, encourage innovation, and open the door to wider adoption of digital currencies within the traditional financial system.
- **Current Status**: Still under discussion in Congress, with no final approval yet.