The Digital Assets CLARITY Act has cleared a major hurdle in the Senate Banking Committee, moving closer to potentially revolutionizing U.S. cryptocurrency regulation. The bill aims to definitively end the decade-long jurisdictional battle between the SEC and CFTC by categorizing digital assets into three clear classes: commodities (under CFTC), investment contracts (under SEC), and stablecoins (under banking regulators).
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If enacted, the CLARITY Act is expected to unlock significant institutional investment by removing compliance barriers. It could accelerate the approval of altcoin ETFs, provide permanent statutory protection for assets like XRP, and offer safe harbor to DeFi developers. Without timely passage, regulatory uncertainty could persist, potentially delaying market maturation until 2030.
