This week, the U.S. Congress will welcome "Crypto Week", planning to review three key Crypto Assets legislations, including the CLARITY Act, the Anti-CBDC Surveillance national bill, and the GENIUS Act.
The GENIUS stablecoin bill has been discussed a lot, so I won't go into details.
The CLARITY Act (Digital Asset Market Clarity Act) aims to establish a market structure for Crypto Assets, delineating the regulatory authority of the SEC and CFTC, with the CFTC taking the primary role. The fear dominated by the SEC, managed by Gary, is completely gone.
Anti-Central Bank Digital Currency Regulator
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