<ul><li>House Financial Services Committee Chairman French Hill introduced the CLARITY Act, a bill focused on establishing a regulatory framework for crypto assets in the U.S.</li><li>Co-sponsored by eight members of Congress from both parties, the CLARITY Act aims to provide transparency and protection within the digital asset ecosystem.</li><li>The bill mandates transparency for crypto firms by requiring disclosures to clients and keeping customer funds separate from company assets to avoid conflicts of interest.</li><li>The CLARITY Act also clarifies the roles of the SEC and CFTC in regulating digital assets, aiming to create a safer environment for consumers and facilitate growth in digital asset projects.</li></ul>

Bipartisan Support For Crypto: CLARITY Act Introduced By Rep. French Hill

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