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US House Passes CLARITY Act, Advancing Crypto Bill to Senate Review
US House Passes CLARITY Act, Advancing Crypto Bill to Senate Review
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BTCCSquare news:
The US House of Representatives approved the CLARITY Act with a decisive 294-134 vote, sending the landmark crypto legislation to the Senate. The bill establishes critical jurisdictional boundaries between the SEC and CFTC, potentially ending years of regulatory ambiguity in digital asset markets.
Market structure provisions create standardized registration processes and investor protections, while asset classification as either 'digital commodities' or 'investment contract assets' could unlock institutional participation. Bipartisan support suggests growing political consensus on crypto regulation.
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