A section of the Clarity Act, which has been the subject of long-standing debate in the US, has made progress after receiving the necessary approval. Continue A section of the Clarity Act, which has been the subject of long-standing debate in the US, has made progress after receiving the necessary approval. Continue

JUST IN: Clarity Act, the Cryptocurrency Law Everyone Has Been Waiting For, Sees Positive Developments

The U.S. Senate Agriculture Committee passed its section under the Clarity Act. The vote was a 12–11 split, with no Democrats voting in favor.

The Senate Agriculture Committee passed the Digital Commodity Brokers Act, part of the broader Clarity Act for crypto market structure. This law establishes a CFTC regulatory framework for digital commodity exchanges, brokers, and dealers, focusing on assets such as memecoins and network tokens (excluding securities and stablecoins). Key provisions include SEC-CFTC joint rule-making, protection of client assets, registration requirements, federal priority, and developer exemptions.

Related News: HOT MOMENTS: Bitcoin (BTC) Price Experiences Huge Drop – Here’s Why and the Data

*This is not investment advice.

Continue Reading: JUST IN: Clarity Act, the Cryptocurrency Law Everyone Has Been Waiting For, Sees Positive Developments

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.