Regulation· ★★★· neutral·

Senate Republicans announce CLARITY Act package

  • —The announcement does not mean the bill has been introduced, voted on or passed
  • —The form of the package — bill, draft or amendments — is not specified
  • —It is based on the market structure H.R. 3633 from the 119th Congress
  • —DeFi registration with the CFTC and Section 305 were previously discussed
Why it matters: The bill would determine regulation of the digital asset market in the US, but until the text is confirmed its market impact is limited.
Source: Coincu
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