CLARITY Act Clears Key House Committees, Bringing Crypto Regulation Closer

The U.S. House of Representatives has made significant progress in defining the regulatory landscape for cryptocurrencies. The CLARITY Act, a landmark piece of legislation aiming to clarify jurisdiction between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), has cleared key committees and is poised for a full House vote. This breakthrough could significantly impact the future of the digital asset space in the U.S., bringing much-needed clarity for businesses and investors alike.