CLARITY Act defines a digital commodity as any asset “intrinsically linked to a blockchain system” that is used to transfer value among participants, encompassing most major cryptocurrencies such as Ethereum, Solana, Cardano, XRP, and Dogecoin
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Per its latest language, any digital asset “intrinsically linked to a blockchain system” should be considered a digital commodity, so long as it is used, for instance, to “transfer value between participants in the blockchain system.” That definition covers the vast majority of popular cryptocurrencies, including Ethereum, Solana, Cardano, XRP, and Dogecoin.
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Key provisions of CLARITY act
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Key provisions of CLARITY act
Crypto news
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Key provisions of CLARITY act
Crypto news
Data block