#CryptoClarityAct The CLARITY Act (Clarity in the Structure of the Digital Asset Market) is a bill passed by the U.S. House of Representatives that seeks to clearly define the rules and oversight of cryptocurrencies. Its key objectives are ¹ ²:

- *Define digital assets*: Establishes clear definitions for terms such as blockchain, digital asset, and digital commodity.

- *Division of oversight*: Assigns regulatory roles between the SEC (for securities) and the CFTC (for commodities and trading).

- *Categorization of tokens*: Allows certain tokens initially considered securities to be treated as commodities if they become decentralized.

- *Company registration*: Requires cryptocurrency companies to register with the CFTC or the SEC.

- *Consumer protection*: Guarantees the right to self-custody of crypto wallets and establishes rules for information disclosure and the removal of risky tokens.

The law is now headed to the Senate for review and possible approval. If approved, it could provide regulatory clarity for projects, exchanges, and investors in the U.S.