๐Ÿ‡บ๐Ÿ‡ธ CLARITY Act Draft Adds Changes A new 630-page draft of the CLARITY Act is circulating in the Senat

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๐Ÿ‡บ๐Ÿ‡ธ CLARITY Act Draft Adds Changes

A new 630-page draft of the CLARITY Act is circulating in the Senate ahead of the September 15 vote.

๐Ÿ–ฑ๏ธ DeFi protocols that are not truly decentralized may have to register with the CFTC.

๐Ÿ–ฑ๏ธ New DeFi rules would be limited to spot and cash transactions.

๐Ÿ–ฑ๏ธ The draft addresses Native American groupsโ€™ concerns about prediction markets.

๐Ÿ–ฑ๏ธ It reflects more than 100 changes requested by Democrats.

The bill is not bipartisan yet. Backers say the revisions are intended to build support before the floor vote.

โœ”๏ธ @venture
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