Senate Republicans Release Final CLARITY Act Text for Crypto Market Regulation

Senate Republicans have released the final text of the CLARITY Act, a bill aimed at establishing a federal framework for digital asset market structure. The release precedes a Tuesday cloture vote, which will determine if the legislation advances to a floor vote. The bill assigns primary oversight of digital asset trading platforms to the Commodity Futures Trading Commission (CFTC) and retains Securities and Exchange Commission (SEC) authority over assets deemed securities.