What it means for Crypto Week and beyond
What is the CLARITY Act?
In a long-awaited move, Congress is stepping decisively into the crypto conversation with Crypto Week, a landmark moment that could reshape the future of digital assets in the United States. At the heart of the legislative spotlight lies the CLARITY Act, short for the Digital Asset Market Structure Clarity Act, designed to bring much-needed definition to a fragmented and often contentious regulatory landscape.
The CLARITY Act, which is based on the 21st Century Financial Innovation and Technology Act and is a market structure bill, aims to answer a long-debated question: Who regulates crypto in the United States — the Securities and Exchange Commission (SEC),…
