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The CLARITY ActThe CLARITY Act, which failed in a procedural vote on Sept. 15, and a new venture by the Trump family’s World Liberty Financial cryptocurrency company made us think it was time to write about the cryptocurrency legislation. Even though it’s not currently active, the bill could come ba...
The Senate-reported CLARITY Act could let US banks and credit unions conduct 11 crypto activities, reshaping digital asset rules.
The SEC proposed tailored crypto custody rules for advisers and funds using existing authority, while the Clarity Act remains blocked in Congress.