🏛️ The House Financial Services Committee has scheduled a July 17 hearing in New York for the Digital Asset Market CLARITY Act.
The bill (H.R. 3633), introduced by Chairman French Hill on May 29, proposes giving the CFTC exclusive authority over digital commodities like $BTC, while the SEC keeps jurisdiction over digital assets classified as investment contracts.
This could finally draw a clear line between the two regulators — something the market has been waiting on for years.
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