# CLARITY Act Related Articles

HTX News Center provides the latest articles and in-depth analysis on "CLARITY Act", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

a16z Crypto: Marc Andreessen and Chris Dixon Explain Why the 'CLARITY Act' Is Urgently Needed

The CLARITY Act proposes a critical federal regulatory framework for the U.S. crypto market. Currently, a lack of clear rules creates uncertainty, hinders innovation, and leaves consumers exposed. The Act would clearly divide regulatory jurisdiction between the SEC and CFTC, mandate disclosures and insider restrictions for projects, and bring exchanges and other intermediaries under a comprehensive oversight system akin to traditional finance. This clarity is urgently needed as crypto has evolved from a niche interest into a major industry with institutional involvement. Clear, lasting rules would protect consumers by requiring proper audits, custody of client assets, and anti-fraud measures for registered platforms, helping prevent failures like FTX. Regulatory ambiguity currently punishes compliant U.S. firms with high costs while rewarding offshore competitors who bypass rules, creating a race to the bottom. The Act addresses national security by applying existing anti-money laundering rules to crypto intermediaries and distinguishes between legitimate privacy and illicit concealment. It also resolves banking sector concerns by prohibiting interest payments on stablecoin balances while permitting transaction-based rewards. For developers, it establishes liability based on intent and direct assistance to crime, not for unforeseeable downstream misuse of open-source software. Regarding securities law, the Act introduces a risk-based framework. Assets begin under SEC oversight when a network is centralized, transitioning to CFTC commodity regulation if it becomes sufficiently decentralized, with clear definitions to avoid constant litigation. Without the Act, regulatory uncertainty driven by shifting agency interpretations will persist, discouraging long-term investment in the U.S. and pushing development offshore, reducing American oversight and economic leadership. Support for the bipartisan bill comes from lawmakers, law enforcement (like the Fraternal Order of Police), and major financial institutions. Ultimately, the CLARITY Act is essential to establish a stable, sensible regulatory environment that fosters responsible innovation, enhances consumer protection, and ensures U.S. leadership in shaping the future of financial technology.

marsbit08/07 07:26

a16z Crypto: Marc Andreessen and Chris Dixon Explain Why the 'CLARITY Act' Is Urgently Needed

marsbit08/07 07:26

Senate to Vote on CLARITY Act Before August Recess, Lummis Says

U.S. Senator Cynthia Lummis (R-WY), chair of the Senate's digital assets subcommittee, stated the Senate may work past Friday and through the weekend to secure a vote on the CLARITY Act before the August recess. This vote would force senators to take a public position on the bill. Over 300 pages of amendments, requested by Democrats, have been prepared after 11 months of negotiations, with final discussions ongoing regarding CFTC jurisdiction, law enforcement provisions, and ethics rules for senior federal officials. Key unresolved issues, per Democratic staff, include securities protection, illicit finance, national security, and presidential conflicts of interest. A bipartisan counterproposal, allowing state attorneys general to enforce federal crypto ethics rules, has been sent to President Trump, who reportedly agreed to broader restrictions than those applied to previous presidents. Lummis asserted that if the bill fails, it will be due to Democratic opposition. Regulators have expressed support. CFTC Chairman Michael S. Selig endorsed congressional action for clearer digital asset rules, while SEC Chairman Paul Atkins expressed optimism about the bill's passage. The CLARITY Act aims to divide oversight between the CFTC and SEC, providing distinct regulatory frameworks for cryptocurrencies and securities. Proponents argue this clarity will help retain crypto companies, capital, and innovation within the United States, preventing an exodus to jurisdictions like Switzerland or Singapore. The approaching recess deadline increases pressure to secure the 60 votes typically needed. With Republicans holding 53 seats, Democratic support is crucial. A Senate vote would lock in each legislator's stance before negotiations with the House on a final bill text.

cryptonews.ru08/06 10:41

Senate to Vote on CLARITY Act Before August Recess, Lummis Says

cryptonews.ru08/06 10:41

New Changes in the Clarity Information Act: Eleanor Terrett Shares Her Thoughts!

The U.S. Senate is at a critical juncture in its legislative work on cryptocurrency. At the Rare Evo conference, journalist Eleanor Terrett discussed the latest developments for the long-awaited "CLARITY Act" and its chances of passage this year. Facing the August recess, the bill's fate hangs in the balance, requiring 60 votes to proceed. With 53 Republican senators, support from at least seven Democrats is needed. Terrett suggested a push by Senate leadership could force compromise and even delay the recess to finish the bill. A major hurdle is ethics. Democrats argue the current provisions are insufficient to prevent former President Donald Trump from profiting from his crypto projects and want to empower state attorneys general to sue the DOJ for potential ethics violations, a move opposed by Republicans and the White House. The draft also includes a provision, effective until 2029, banning officials and members of Congress from issuing digital assets while in office. Another key dispute involves provisions from Representative Tom Emmer's Blockchain Regulatory Certainty Act (BRCA), which would grant criminal immunity to programmers whose code is misused by third parties. The crypto sector sees this as necessary, but prosecutors and law enforcement oppose it. While prediction markets estimate roughly a 30% chance of the CLARITY Act passing by the end of 2026, Terrett stated she sees a higher probability of it becoming law this year.

cryptonews.ru08/05 19:05

New Changes in the Clarity Information Act: Eleanor Terrett Shares Her Thoughts!

cryptonews.ru08/05 19:05

Bitwise: Cryptocurrency Market Will Grow Even If the CLARITY Act Fails

Matt Hogan, CIO of Bitwise, provided a detailed commentary on the CLARITY Act, a U.S. cryptocurrency regulation bill. He notes that according to Senate rules, a cloture motion was needed by August 5th for the bill to have a chance of a vote before the summer recess. The common view is that if Congress doesn't vote before the recess, the bill is effectively dead as legislators shift focus to the November elections. However, Hogan believes a failure this week doesn't mean the end of the CLARITY Act; instead, it would enter a state of limbo, with potential discussion resuming in September or December. The current uncertainty is already keeping some professional investors on the sidelines, wary of a potential market crash if the bill fails. He suggests the best market outcome would be the Act's passage, potentially launching a new crypto bull market. Yet, Hogan argues the crypto industry will advance regardless. SEC Chairman Paul Atkins recently stated the SEC is prepared to develop rules addressing the same issues as the CLARITY Act. Hogan thinks such SEC rules could even be more favorable to crypto and innovation in the short term, though a future administration could appoint a less friendly SEC chair to reverse them. Ultimately, Hogan is confident that no SEC chair can halt the industry's progress, citing major developments like BlackRock's profitable Bitcoin ETF, moves by Nasdaq and JPMorgan toward asset tokenization, and partnerships between Visa, Mastercard, Stripe, and Coinbase. He draws a parallel to the 1994 telecommunications reform that died in the Senate, while the internet (Netscape, Amazon, eBay) launched anyway, with Congress catching up two years later without significantly slowing progress. Hogan concludes that cryptocurrency already has sufficient momentum to transform finance for decades, irrespective of the immediate legislative outcome.

cryptonews.ru08/05 18:39

Bitwise: Cryptocurrency Market Will Grow Even If the CLARITY Act Fails

cryptonews.ru08/05 18:39

活动图片