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House Unveils CLARITY Act
National Law Review ^ | June 11, 2025 | Scott H Kimpel

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 ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: crypto; currency; digitalassets; finance; markets
What's interesting about this bill, along with the GENIUS Act - which is also moving through the legislative process, is that both are major initiatives, but neither has really been in the news, due to California and Israel-Iran.

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.

1 posted on 06/13/2025 11:04:24 AM PDT by yelostar
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To: yelostar
More info on the related GENIUS Act | Stablecoin bill: 


https://freerepublic.com/focus/f-news/4322867/posts

2 posted on 06/13/2025 11:14:41 AM PDT by yelostar (AI will be the scapegoat when the SHTF. )
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To: yelostar

If this makes the price of wheat my corn and wheat go up, I’m all for it.


3 posted on 06/13/2025 1:09:32 PM PDT by kawhill ("You know, I counted the floors to this building from the street. There's one missing. Look into it")
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To: yelostar
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".

4 posted on 06/13/2025 1:54:11 PM PDT by jdege
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To: yelostar

Just what we need. More government.

The word bipartisan usually means some larger-than-usual deception is being carried out.


5 posted on 06/13/2025 2:15:15 PM PDT by ProgressingAmerica (We cannot vote our way out of these problems. The only way out is to activist our way out.)
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