US Senate Majority Leader John Thune plans a floor vote on the Clarity Act next week, advancing the bill even without a Democratic agreement. The Digital Asset Market Clarity Act establishes a framework distinguishing digital asset securities (SEC oversight) from commodities (CFTC oversight) while adding consumer protections, AML rules, and ethics provisions for officials. The move highlights Republican push for crypto market structure legislation amid ongoing partisan negotiations, potentially providing long-sought regulatory certainty for the industry.
BLOCKCAST.CC NEWSShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.