New Crypto Regulation Bill ‘CLARITY Act’ Unveiled Amidst SEC Updates on Staking

The House Financial Services and Agriculture Committees have jointly released the long-awaited bipartisan CLARITY Act. This proposed legislation seeks to overhaul how cryptocurrency is regulated in the United States. **It would shift control of most crypto tokens from the SEC to the Commodity Futures Trading Commission (CFTC), a move that’s seen as more favorable to crypto.** The bill also introduces