The U.S. Congress has officially introduced the Digital Asset Market Clarity Act, aiming to resolve long-standing confusion surrounding crypto regulation.
Introduction to the Bill
The proposed legislation clarifies the jurisdiction of the SEC and CFTC, adopting Ripple's legal precedent that secondary crypto sales may not be securities.
Market Response to the New Bill
Following the announcement of the bill, the cryptocurrency market responded positively with an optimistic sentiment shift among tokens that could benefit from the new regulation, such as Tron (TRX) and OKB.
Crypto Projects Amid New Opportunities
Amid the attention to various projects, Qubetics stands out, focusing on simplifying cross-border transactions and real-world integration, which has garnered significant interest.
With the adoption of the new Digital Asset Market Clarity Act, crypto markets may expect further stability and growth, paving the way for clearer regulation.
