#CryptoClarityAct

🔍 What’s in the CLARITY Act?
Clear regulatory roles
The bill resolves long-standing ambiguity by defining which assets are regulated by the SEC (for securities and "investment contract assets") and which fall under the CFTC (for commodities and mature blockchain-based tokens)
Reddit

Three‑tier asset framework

Digital commodities (e.g. Bitcoin): CFTC jurisdiction

Stablecoins: distinct category with tailored regulation

Restricted or early-stage tokens: classified under SEC oversight
Notabene
Reddit

Decentralization test
Assets that mature after 4 years since issuance, raise under $75M annually, and lack centralized control may qualify as commodities

Platform compliance standards
Platforms will need to register with the appropriate regulator and adhere to AML/KYC requirements, protect customer funds, disclose reserves, and meet anti-fraud obligations
Cointelegraph
Anadolu