U.S. Lawmakers Propose CLARITY Act to Foster Digital Asset Regulation

A bipartisan bill called the CLARITY Act has been introduced in the U.S. House of Representatives, aiming to provide much-needed regulatory clarity for the burgeoning digital asset market. The act, spearheaded by French Hill and Angie Craig, seeks to streamline regulations across digital assets and is currently slated for a review on June 10th. This legislation aligns with the agendas of agencies like the CFTC and SEC.