Crypto, CLARITY Act and House
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President Donald Trump is slated Friday to sign the first major federal law governing cryptocurrency, a business that Trump's family have begun forging strong ties to and have promoted in recent years.
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Amazon S3 on MSNThe US Just Took A Big Step Toward Crypto Regulation-Here's What The CLARITY Act SaysThe U.S. House of Representatives passed the bipartisan CLARITY Act on Thursday, according to Benzinga. The bill aims to resolve jurisdictional confusion between the SEC and CFTC, offering clear definitions for digital assets,
President Trump is signing the country's first major legislation aimed at regulating cryptocurrency on Friday.
House Republicans promoted this week as the latest step for the U.S. to become the “crypto capital of the world.”
The U.S House of Representatives has passed the bill 'Clarity Act' seeking clarity for the creation of non-fungible token-based gaming coins.
As Trump prepares to sign the law, Consumer Reports' senior director monitoring digital marketplaces, Delicia Hand, told Ars that the group plans to work with other consumer advocates and the implementing regulator to try to close any gaps in the stablecoin legislation that would leave Americans vulnerable.
In a week of landmark legislative wins for the crypto industry, the U.S. House of Representatives has now passed all three key bills — the CLARITY Act, the GENIUS Act, and the Anti-CBDC Surveillance State Act. But despite what many in the industry have called a historic breakthrough, markets are barely reacting.
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CCN on MSNNot All Blockchains Would Qualify—ChatGPT Reveals the 'Mature' Winners Under the Proposed CLARITY ActThe CLARITY Act introduces a legal framework for identifying 'mature blockchain systems,' potentially reshaping how digital assets are classified and regulated in the U.S. ChatGPT