Democratic co-sponsors Angie Craig, Ritchie Torres, and Don Davis framed the bill as a consumer-protection and inclusion policy, with Craig stressing “rules of the road for businesses” and Torres saying the text “closes regulatory gaps.”
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Bipartisan lawmakers roll out CLARITY Act, shift crypto spot rule to CFTC
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CLARITY Act has bipartisan support, including three Democratic co-sponsors, Angie Craig, Ritchie Torres, and Don Davis, who emphasized its consumer protection, regulatory inclusion and clear rules for business
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The Crypto Market Structure Bill known as the Digital Asset Market Clarity (CLARITY) Act aims to resolve jurisdictional ambiguity between the SEC and CFTC, define digital asset classification and custody rules, and strengthen consumer protections
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