The dawn of US crypto regulation!


JPMorgan reveals that legislative negotiations for the CLARITY Act are nearing completion, draft
"Close to completion"
Major positive news!~
The CLARITY Act
Clear division of rights and responsibilities: explicitly delineates the jurisdiction of the CFTC (which oversees Bitcoin, Ethereum, and other digital commodities) and the SEC (which oversees early or centralized security tokens).
Protection for technological development: clarifies that software coding does not equate to financial operations, providing legal safe harbors for DeFi developers and node operators.
Decentralization pathway: allows projects to apply for a change in regulatory status by proving their level of decentralization, reducing compliance costs.
Eliminating enforcement disputes: aims to stop the SEC's "litigation as regulation" approach, shifting towards a transparent registration and disclosure system.
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ETH-0,31%
DEFI-6,17%
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