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The CLARITY Act seeks to clearly define whether a crypto token is treated as a security or a commodity โ a distinction that shapes regulatory authority, disclosure requirements for issuers, and which tokens exchanges can list.
Under this framework, Bitcoin and Ethereum could be classified as commodities, placing them under CFTC oversight.
XRPโs status, however, remains uncertain due to its complex legal background.
The bill has the potential to redefine compliance for crypto exchanges and reshape how projects raise funds โ but it still needs to clear Congress.
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1September 2, 2026 618
