In the U.S., the landmark Digital Asset Market Clarity Act is advancing through the Senate. This legislation aims to finally end "regulation by enforcement" by clearly defining which tokens are securities versus commodities. The act is expected to provide the legal framework necessary for trillion-dollar institutional funds to move from the sidelines into the spot markets. $USDC #GateSquare$50KRedPacketGiveaway
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The "Clarity Act" Moves to Senate Markup
In the U.S., the landmark Digital Asset Market Clarity Act is advancing through the Senate. This legislation aims to finally end "regulation by enforcement" by clearly defining which tokens are securities versus commodities. The act is expected to provide the legal framework necessary for trillion-dollar institutional funds to move from the sidelines into the spot markets. $USDC #GateSquare$50KRedPacketGiveaway