Good contribution. Without a doubt, putting an end to “regulation through lawsuits” will give the market more breathing room. However, we’ll need to see how strict they get with restrictions in DeFi and stablecoins, since they could limit innovation in passive yields. How do you think it will affect smaller projects?
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Yessy21
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@Moisa16
The CLARITY Law (Digital Asset Market Clarity Act)
It is a legislative proposal in the U.S. designed to create a clear and definitive regulatory framework for the cryptoassets industry.
💐Supervision division: Assigns the CFTC control of decentralized tokens (considered commodities, such as Bitcoin and Ethereum) and leaves the SEC with exclusive oversight of assets that operate as financial securities.
💐Decentralization transition: Introduces the "Mature Network Proof," allowing a token to move from the SEC to the CFTC if it demonstrates that it is truly decentralized.
💐Clear rules for stablecoins and DeFi: Sets strict custody standards and limits certain bank-like passive yields.
💐Market impact: Eliminates legal uncertainty, stops regulation based on lawsuits, facilitates the entry of institutional capital, and serves as a model for global regulation.
$BNB $BTC $LSK
The CLARITY Law (Digital Asset Market Clarity Act)
It is a legislative proposal in the U.S. designed to create a clear and definitive regulatory framework for the cryptoassets industry.
💐Supervision division: Assigns the CFTC control of decentralized tokens (considered commodities, such as Bitcoin and Ethereum) and leaves the SEC with exclusive oversight of assets that operate as financial securities.
💐Decentralization transition: Introduces the "Mature Network Proof," allowing a token to move from the SEC to the CFTC if it demonstrates that it is truly decentralized.
💐Clear rules for stablecoins and DeFi: Sets strict custody standards and limits certain bank-like passive yields.
💐Market impact: Eliminates legal uncertainty, stops regulation based on lawsuits, facilitates the entry of institutional capital, and serves as a model for global regulation.
$BNB $BTC $LSK
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