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2026-07-20 21:21:15 UTC

RWATimes on Nostr: 📰 Subcommittee Highlights Importance of CLARITY Act 🗓️ Jul 20 2026 10:30 UTC ...

📰 Subcommittee Highlights Importance of CLARITY Act
🗓️ Jul 20 2026 10:30 UTC - Shanny Basar

The CLARITY Act cleared the Senate Banking Committee two months ago.

➤ The Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence held a hearing on the CLARITY Act, emphasizing its importance for regulatory clarity in digital assets.
➤ The Act aims to replace 'regulation by enforcement' with clear rules, distinguishing between securities and commodities and assigning oversight to the SEC and CFTC.
➤ Witnesses highlighted that the CLARITY Act is crucial for fostering innovation, protecting consumers, and maintaining U.S. leadership in the digital asset ecosystem, preventing capital flight to other jurisdictions.

#clarityact #digitalassets #regulatoryclarity #sec #cftc #innovation #consumerprotection #financialtechnology #blockchain #usleadership

🔗 Read more at: https://rwatimes.io/articles/marketsmedia-subcommittee-highlights-importance-of-clarity-act-1659444293