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The CLARITY Act seeks to clearly define whether a crypto token is classified as a security or a commodity—this distinction shapes regulatory authority, issuer disclosure requirements, and which tokens exchanges can list.
Bitcoin and Ethereum are likely to be deemed commodities, placing them under CFTC oversight.
XRP’s status remains unclear, given its complex legal background.
The bill could significantly impact exchange compliance and how projects raise funds—but it still needs to pass Congress.
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#CryptoRegulation #CLARITYAct #BitcoinCommodity #EthereumCFTC #XRPStatus
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