Posted on 06/13/2025 11:04:24 AM PDT by yelostar
On May 29, 2025, a bipartisan group of members in the House of Representatives from the Financial Services and Agriculture Committees introduced the Digital Asset Market Clarity (CLARITY) Act. The bill seeks to establish a comprehensive regulatory framework for digital assets in the United States, with regulatory jurisdiction primarily split between the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC).
(Excerpt) Read more at natlawreview.com ...
Another article from yesterday on the CLARITY Act.
https://decrypt.co/324561/clarity-act-clears-two-house-committees
If passed, the CLARITY Act would formalize the removal of oversight powers from the Securities and Exchange Commission and establish the more hands-off Commodity Futures Trading Commission as the primary regulator for most digital assets.
Crypto issuers could still opt into SEC registration if they seek to sell directly to institutional investors.
Both bills will affect Americans and the American economy a great deal more than the LA riots and the goings-on in Israel and Iran, but due to the perfect storm of these exploitative news events, a majority of Americans won't know anything about them until the deals are done.
If this makes the price of wheat my corn and wheat go up, I’m all for it.
a bipartisan group of members in the House of Representatives from the Financial Services and Agriculture Committees
America has two political parties, the evil party and the stupid party.
Sometimes they get together and do something that is both evil and stupid.
We call that "bipartisanship".
Just what we need. More government.
The word bipartisan usually means some larger-than-usual deception is being carried out.
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