Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

The U.S. Moves Toward Clear Crypto Regulation: The CLARITY Act Gains Bipartisan Support

robot
Abstract generation in progress

Great news in Washington: Congressman French Hill has just confirmed that the CLARITY Act on the structure of the crypto market has gained support from both political sides — Democrats and Republicans.

For the first time in years, crypto is no longer a topic of partisan conflict. This law seeks to establish clear rules on which regulatory agency controls each aspect of the sector: the SEC will handle securities, the CFTC derivatives, and the OCC will supervise stablecoins and custody.

What changes?

  • End of regulatory uncertainty that hindered innovation
  • Legal framework that attracts more institutional investment
  • Possible progress towards the recognition of crypto as a legitimate asset class

The important thing: when both parties reach an agreement in the U.S., things move quickly. This could be the breaking point that the crypto market has been waiting for for years.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)