Updates to the CLARITY law after the vote was stalled
After the CLARITY bill stalled in the U.S. Senate, Securities and Exchange Commission Chair Paul Atkins said the agency will continue to act within its legal authority to provide more regulatory clarity, adding: “Stay tuned.”
Meanwhile, the House Ways and Means Committee approved the Digital Assets Tax Certainty Act by a vote of 38 to 5. The bill addresses exemptions for certain small transactions in addition to rules for stablecoins, mining, and mortgages.
These developments indicate ongoing regulatory and legislative momentum for digital currencies in the United States despite CLARITY #clarity
After the CLARITY bill stalled in the U.S. Senate, Securities and Exchange Commission Chair Paul Atkins said the agency will continue to act within its legal authority to provide more regulatory clarity, adding: “Stay tuned.”
Meanwhile, the House Ways and Means Committee approved the Digital Assets Tax Certainty Act by a vote of 38 to 5. The bill addresses exemptions for certain small transactions in addition to rules for stablecoins, mining, and mortgages.
These developments indicate ongoing regulatory and legislative momentum for digital currencies in the United States despite CLARITY #clarity
