#CryptoClarityAct Article on the CLARITY Act for Digital Currencies (100 words)**
The **CLARITY** Act (Clarity for Digital Asset Markets) is a new American legislation aimed at clearly regulating digital currencies by defining the roles of the **SEC** and **CFTC**. Digital assets are classified as commodities (under **CFTC**) or securities (under **SEC**), with protections for decentralized transactions (DeFi) and self-custody for users. It is supported by both American parties, but faces criticism for focusing on assets rather than infrastructure.
It is backed by companies like **Coinbase** and **OpenSea**, which warn of a decline in American leadership due to regulatory ambiguity. However, it is opposed by some Democrats, such as Maxine Waters, who see it as rushed and facilitating dangerous activities. The law is currently being discussed in Congress as part of "Crypto Week."#CryptoClarityAct $BTC