#CryptoClarityAct
The Crypto Clarity Act is a U.S. legislative proposal aimed at providing a clear regulatory framework for digital currencies. The law includes several important points:
- *Definition of Digital Currencies*: A clear definition and classification of digital currencies.
- *Compliance with Regulations*: Compliance requirements for digital currencies, including anti-money laundering and counter-terrorism financing.
- *Regulatory Oversight*: A clear definition of the regulatory bodies responsible for overseeing digital currencies.
- *Investor Protection*: Measures to protect investors through transparency and information disclosure.
*Goals of the Law*:
- *Regulatory Clarity*: To provide a clear and specific regulatory framework for digital currencies.
- *Promoting Stability*: To enhance the stability of the digital currency market through effective regulation.
- *Investor Protection*: To protect investors through transparency and information disclosure [1].