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Clarity Act likely to be rewritten after Democratic midterm wins

After Democrats won the midterms, the Clarity Act may not survive in its current form, though federal crypto market structure legislation could continue. Reports say House Democrats plan a broader proposal that strengthens the SEC's role and limits the CFTC's. Negotiations may center on investor protections, conflicts of interest and jurisdiction.

By Builders in Fintech deskAutomated summary

Clarity Act likely to be rewritten after Democratic midterm wins
Image: pymnts.com

After Democrats won the midterms, the Clarity Act may not survive in its current form, though federal crypto market structure legislation could continue. Reports say House Democrats plan a broader proposal that strengthens the SEC's role and limits the CFTC's. Negotiations may center on investor protections, conflicts of interest and jurisdiction.

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