Recently, there have been three major developments in the field of cryptocurrency regulation in the United States. The Genius Act has officially become law, specifically regulating stablecoins. Meanwhile, the Anti-Central Bank Digital Currency (CBDC) Bill and the CLARITY Act are still in the legislative process.
The CLARITY Act differs from the Genius Act as it primarily focuses on the fundamental definitions and authority allocation of Crypto Assets. The Act addresses aspects such as public chains, decentralized finance (DeFi), and token issuance, and clarifies the responsibilities of the U.S
View OriginalThe CLARITY Act differs from the Genius Act as it primarily focuses on the fundamental definitions and authority allocation of Crypto Assets. The Act addresses aspects such as public chains, decentralized finance (DeFi), and token issuance, and clarifies the responsibilities of the U.S