US Lawmakers Take Step Towards Clarity in Crypto Regulation

The House of Representatives has taken a significant step towards clarifying cryptocurrency regulations by passing the bipartisan CLARITY Act (H.R. 3633). The act, endorsed by both financial and agricultural committees with substantial votes, is now poised for full-House consideration. The bill aims to resolve the long-standing jurisdictional disputes between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) regarding crypto regulation.