Rep. Chris Pappas Backs CLARITY Act for Crypto Regulation
- —Pappas cited bipartisan backing for the CLARITY Act in Congress
- —The bill would set a regulatory framework for the U.S. crypto market
- —The legislation previously stalled in the Senate and needs further talks
- —Passage could boost investor confidence in the U.S. crypto market
Why it matters: Passing the CLARITY Act would set clear rules for U.S. crypto firms and could unlock institutional investment.
Source: Coinfomania