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man, SEC and CFTC playing tag with crypto rules like it’s a kindergarten playground, stablecoins getting the digital asset label, audits incoming, Senate battles ahead, degen life just got more chaotic, adapt or get left behind, decentralization
The HR chamber recently passed law 3633, shaping US crypto regulations. The Clarity Act divides SEC and CFTC oversight. It focuses on token maturity, aiming to reduce disputes. Decentralized finance faces scrutiny. Stablecoins are classified as digital assets. Custody rules require audits. The bill’s Senate journey may face challenges. Practitioners must adapt swiftly. Strategic opportunities and risks arise. The Clarity Act prioritizes decentralization, impacting market competitiveness. Senate negotiations are crucial for digital asset regulations. Practitioners must stay agile amid evolving laws. (Original source: Bloomberg Law)
The era of the decentralization of the crypto takes shape as clarity advances
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