CLARITY Act sets standards for qualified digital asset custodians, requiring them to be under adequate supervision and appropriate regulation by federal, state, or foreign authorities, with the CFTC tasked to define the compliance bar
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The new bill sets the standard for such a custodian as one under "adequate supervision and appropriate regulation by certain federal, state, or foreign authorities" — a bar the CFTC will be called to define.
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Key provisions of CLARITY act
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Key provisions of CLARITY act
Crypto news
Data block
Key provisions of CLARITY act
Crypto news
Data block