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The CLARITY Act seeks to define whether a crypto token is a security or a commodity—determining its regulator, disclosure requirements, and which exchanges can list it.
Bitcoin and Ethereum may be deemed commodities, placing them under CFTC oversight.
XRP’s status remains unclear, clouded by its legal past.
This bill could transform exchange compliance and how projects raise funds—but it still needs to pass.
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September 2, 2026 312
