#CryptoClarityAct đșđž Digital Asset Market Clarity Act Passed by U.S. House!#CryptoClarityAct #CryptoRegulation@binance Square
đš H.R. 3633 approved by a 294â134 vote
đ Defines oversight: SEC vs CFTC based on decentralization
đ§ Assets become digital commodities (CFTC) once decentralized
đ Investment contracts stay under SEC until they mature
đ Exchanges must separate user funds, follow BSA/AML, and provide clear disclosures
đ Who Benefits:
âïž Crypto Projects â Clear rules, less legal risk
âïž Investors â More trust in U.S. crypto markets
âïž Retail Users â Better protections & transparency
đ§Ș Whatâs Next:
đ© Bill moves to the Senate for final approval
đ Senate working on a faster, simplified version for quick passage
#Web3Update #DigitalAssetsî #CryptoLaw #RegulationNews