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The Senate Democrats introduced the Clarity Act to regulate digital asset operations in the U.S. This includes the CFTC overseeing assets like Bitcoin and the SEC advising on securities laws. Stricter disclosure requirements will apply to digital asset transmitters and platforms. The law aims to increase transparency and protect investors. It also imposes regulations on platforms selling digital assets, aiming to reduce risks and combat financial crimes in the digital asset space. Senator Cynthia Lummis supports the bill for bipartisan collaboration and financial security. 🌐📊🔒
The Democratic Senate publishes a law on clarity, opening a path for stronger crypto surveillance
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