U.S. Cryptocurrency Regulation Ushers in a New Dawn!


JPMorgan reveals that legislative negotiations for the "CLARITY Act" are nearing completion, draft
"Close to finalization"
Major positive news!~
The "CLARITY Act"
Clear division of rights and responsibilities: explicitly delineates the jurisdiction of CFTC (over Bitcoin, Ethereum, and other digital commodities) and SEC (over early or centralized security tokens).
Protection for technological development: clarifies that software coding does not equate to financial operations, providing legal safe harbors for DeFi developers and node operators.
Decentralization pathway: allows projects to apply for a change in regulatory status by demonstrating their level of decentralization, reducing compliance costs.
Eliminating enforcement disputes: aims to stop SEC's "litigation replacing regulation" approach, shifting to a transparent registration and disclosure system.
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ETH-0,15%
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