šŗšø Digital Asset Market Clarity Act Passed by U.S. House!
#CryptoClarityActŲ #CryptoRegulationī #BinanceSquare šØ H.R. 3633 approved by a 294ā134 vote
š Defines oversight: SEC vs CFTC based on decentralization
š§ Assets become digital commodities (CFTC) once decentralized
š Investment contracts stay under SEC until they mature
š Exchanges must separate user funds, follow BSA/AML, and provide clear disclosures
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š Who Benefits:
āļø Crypto Projects ā Clear rules, less legal risk
āļø Investors ā More trust in U.S. crypto markets
āļø Retail Users ā Better protections & transparency
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š§Ŗ Whatās Next:
š© Bill moves to the Senate for final approval
š Senate working on a faster, simplified version for quick passage
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#DeFiNew #DigitalAssets #CryptoLaw
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