Legislative amendments and political implications

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The Clarity Act has faced obstacles since its introduction, largely due to scrutiny over former President Trump’s expanding involvement in crypto ventures.
The Clarity Act is intended to fill regulatory gaps, support innovation, and enhance consumer protections within the digital asset ecosystem.
An amendment was added to the Clarity Act clarifying that non-custodial platforms and their developers are not money transmitters or unlicensed service operators.

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Clarity Act passes first House committee vote

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