The Securities and Exchange Commission has scheduled a public roundtable on the CLARITY Act for this month - a procedural move that's carrying an outsized amount of weight for crypto's regulatory future in the United States.
What the CLARITY Act Would Do
The Digital Asset Market Clarity Act would fundamentally restructure how digital assets are regulated in the US. If passed, most crypto tokens currently under SEC jurisdiction would shift to CFTC oversight, ending years of legal ambiguity that has kept lawyers busy and crypto founders on edge since at least 2020.
The practical impact would be significant. Exchanges and token issuers that have operated in gray areas while waiting for regulatory guidance would finally have a clearer compliance path. The SEC under the current administration has already dropped most of the enforcement cases launched under the previous administration - at least those that weren't accompanied by fraud allegatio...
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