For a decade, a token’s legal status was whatever the SEC eventually sued it into. The CLARITY framework flips the default: projects certify their own maturity, and the government gets 60 days to object. Here is how the machinery works, where it came from, and where it can be gamed.
Summary
- Self-certification is the CLARITY framework’s procedural engine: an issuer, affiliate, or decentralized governance body certifies that a blockchain is mature, creating a rebuttable presumption the SEC has a fixed window, 60 days in the current architecture, to contest, with disputes appealable in federal court.
- Certification is the exit door from securities treatment: a certified-mature…
