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