US Congressman Highlights Bipartisan Support for CLARITY Act
Representative French Hill stated that the cryptocurrency market structure bill has secured backing from both Democrats and Republicans, according to Bitcoin Magazine.
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Summary
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Terms & Concepts
- CLARITY Act: A proposed cryptocurrency market structure bill aimed at providing regulatory clarity for digital assets in the United States.
- Bipartisan Support: Legislative backing that comes from both major political parties, in this case Democrats and Republicans.
- Cryptocurrency Market Structure: The regulatory and legal framework governing how digital assets are issued, traded, and overseen in financial markets.