Senate Banking Committee Unveils Crypto Clarity Act
The US Senate Banking Committee unveiled the Clarity Act to regulate digital assets. The bill sets rules for stablecoins and anti-money-laundering compliance.
Xurve View
Xurve View
The United States Senate Banking Committee unveiled the Clarity Act late evening Monday to establish a comprehensive regulatory framework for digital assets. The bill defines jurisdiction for financial regulators over cryptocurrencies. It introduces a $50M annual and $200M total fundraising exemption for crypto companies raising funds without full SEC registration.
