More than 1 million Americans have now contacted their US senators in support of the Digital Asset Market Clarity Act, a grassroots mobilization driven i | Bitget crypto news!
- Over 1 million Americans have contacted their senators in support of the Digital Asset Market Clarity Act (H.R. 3633), aiming to establish clear regulatory authority between the SEC and CFTC.
- A revised version of the bill, including ethics rules and a sunset provision, passed the Senate Banking Committee and has garnered support from major financial institutions like Fidelity.
- The act is seen as crucial for attracting institutional capital to digital asset markets by providing a clear federal framework, addressing consumer protection, and combating illicit finance.
Topics: Legal regulatory, Jurisdictions, Institutional adoption, Securities law classification, Cross jurisdictional policy, Asset manager initiatives
Tags: #clarityact #digitalassetmarketclarityact #hr3633 #sec #cftc #congress #fidelity #cryptocouncilforinnovation #blockchainassociation #regulatoryclarity
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