Is this actually pro-innovation, or just clearer rules on who gets squeezed?
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tldr; The CLARITY Act, aimed at defining crypto categories and establishing a U.S. regulatory framework, faces a March 1, 2026 drafting deadline for compromise language. The bill seeks to clarify oversight between the SEC and CFTC, addressing stablecoin rewards and trading venue registration. Industry supporters view it as a way to reduce legal uncertainty and attract institutional capital, while critics argue it could lead to federal overreach. The deadline is crucial for advancing the bill, with potential delays pushing progress into later spring.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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Is this actually pro-innovation, or just clearer rules on who gets squeezed?
tldr; The CLARITY Act, aimed at defining crypto categories and establishing a U.S. regulatory framework, faces a March 1, 2026 drafting deadline for compromise language. The bill seeks to clarify oversight between the SEC and CFTC, addressing stablecoin rewards and trading venue registration. Industry supporters view it as a way to reduce legal uncertainty and attract institutional capital, while critics argue it could lead to federal overreach. The deadline is crucial for advancing the bill, with potential delays pushing progress into later spring.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.