Lawmakers on the US House agricultural committee voted in favor of the clarity of the digital asset market, or enlightenment, law, advancing a bill in Congress.
In a 47-6 vote on Tuesday, an excess of the majority of the Committee lawmakers Approved The Clarity Act to establish a regulatory framework for digital ownership. Committee chair Gt Thompson said the bill will be sent to the Chamber for the consideration, adding that any members who offer conflicting views will have the opportunity to submit them on Friday.
The vote arrived in conjunction with the debate with the House Financial Services Committee discussion with an amendment That can add protections for blockchain developers to The Clarity Act. At the time of publication, the committee did not vote for the bill.
According to its sponsors and co-sponsors, The Clarity Act is intended to establish clear policies Under which digital asset companies can operate in the United States, also by clarifying whether some investment vehicles fall under Purview of the Securities and Exchange Commission (SEC) or the Commodity Futures Trading Commission (CFTC). Considering the bill, the first introduction of May, will come as the Senate is expected to vote for the Genius Act – law to repair payment stablecoins.
This is a story development, and further information will be added as it is available.
