#CryptoClarityAct

The Crypto Clarity Act, also known as the CLARITY Act, is a proposed law in the United States aimed at providing regulatory clarity for the cryptocurrency industry. Here are some key aspects of the act ¹ ² ³:

- *Purpose*: The CLARITY Act seeks to define the regulatory framework for digital assets, determining whether they are securities or commodities, and assigning oversight to either the Securities and Exchange Commission (SEC) or the Commodity Futures Trading Commission (CFTC).