House Passes CLARITY Act Establishing Digital Asset Market Structure
The CLARITY Act's House passage mandates a bifurcated compliance architecture, requiring firms to segment operations based on the new digital commodity and security taxonomy.
Senate Committee Draft Grants CFTC Digital Commodity Spot Market Authority
The bipartisan Senate draft redefines market structure, formalizing CFTC oversight for digital commodities and mandating qualified custody for customer assets, fundamentally altering operational risk management.
Senate Committee Advances Market Structure Bill Defining Asset Jurisdiction
Congressional movement to delineate SEC and CFTC authority mandates firms model compliance for a dual-regulator framework.
