BTCC
/
BTCC Square
/
CryptotimesIO
/
BREAKING: ‘CLARITY Act’ Crypto Bill Gets Approval from US Lawmakers
BREAKING: ‘CLARITY Act’ Crypto Bill Gets Approval from US Lawmakers
8
3
US lawmakers have greenlit the CLARITY Act—a landmark crypto bill that could redefine regulatory frameworks for digital assets. The move signals growing institutional acceptance amid decades of bureaucratic foot-dragging.
Key provisions include clearer tax reporting rules and custody requirements for exchanges—finally giving crypto businesses the legal certainty they''ve begged for since Bitcoin''s pizza days.
Wall Street analysts predict a short-term price surge, though cynics note the bill conveniently drops just before election season. ''Nothing unites politicians like the smell of new taxable revenue,'' quipped one crypto hedge fund manager.
By:
