Crypto Regulation Measure Advances in the House
Two committees in the House of Representatives voted this week to advance the so-called CLARITY Act intended to create a formal regulatory framework for crypto and digital assets. The Agriculture Committee vote 47-6 in favor of the measure Tuesday, followed by a 32-19 vote in favor on Wednesday by the Financial Services Committee. The bill would establish clear lines of authority among financial regulatory agencies that oversee different types of trading.
