House Committee to Review New CLARITY Act Draft With Big Implications for DeFi

TL;DR Congress updated the CLARITY Act, excluding developers and DeFi apps that don’t hold funds or control blockchains from regulation. Bank Secrecy Act requirements will apply only to centralized intermediaries, exempting decentralized projects from those obligations. A formal bill was introduced for the U. S. to create a strategic Bitcoin reserve. The United States Congress is. . . source: https://crypto-economy.com/house-committee-to-review-new-clarity-act-draft-with-big-implications-for-defi/