Even as someone who is super into crypto, I have no idea what the Clarity Act is supposed to even do.
Who really wants the Clarity Act to become a law? Would you like that to happen?
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Also, my general leaning is for less laws, not more laws. I know that might be a controversial take with some, but I think it's the right take.
It’s a regulatory framework for digital assets defining most decentralized network tokens as “digital commodities” under primary CFTC oversight for spot markets, while keeping securities and certain fundraising under the SEC.