A draft bill has placed five tokens—UNI, HBAR, ALGO, GIGA, and NOT—on a watchlist.
The final draft of the U.S. digital asset legislation known as the CLARITY Act has been released. It aims to clarify which regulators have jurisdiction over digital assets, but it still needs congressional approval before it can take effect. The draft covers three areas: DeFi, blockchain infrastructure, and community-driven tokens. In the market, $UNI is trading at $7.25, down 3.4% over the past 24 hours; $ALGO is trading at $0.1111, down 2.0% over the same period.
Could legislative progress bring in fresh capital?
The final draft of the U.S. digital asset legislation known as the CLARITY Act has been released. It aims to clarify which regulators have jurisdiction over digital assets, but it still needs congressional approval before it can take effect. The draft covers three areas: DeFi, blockchain infrastructure, and community-driven tokens. In the market, $UNI is trading at $7.25, down 3.4% over the past 24 hours; $ALGO is trading at $0.1111, down 2.0% over the same period.
Could legislative progress bring in fresh capital?